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Southridge Senior Residences

FHA Acquisition & Refinance

Endorsed October 31, 2012

FHA #07411062

Deal Details

Location
DES MOINES, Iowa
Mortgage Amount
$6.9M
Units
197
Program
Acquisition & Refinance
Lender
Wells Fargo Multifamily Capital
Fiscal Year
FY2013

Current Loan Status

Active
Outstanding Balance
$5.0M($6.9M original)
Interest Rate
2.38%
Maturity
November 2047(22 years remaining)
Original Term
35 years
Holder
Wells Fargo Multifamily Capital
Servicer
Wells Fargo Multifamily Capital

Source: HUD BF90 Active Insured Mortgages · Data as of February 2026

Data Sources

Endorsement data: HUD FHA Multifamily Firm Commitments and Endorsements Database

Active loan data: HUD BF90 Active Insured Mortgages, as of February 2026

hud.gov multifamily data

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