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LORING TOWERS

FHA New Construction & Substantial Rehab

Endorsed April 30, 2021

FHA #09235866

Deal Details

Location
MINNEAPOLIS, Minnesota
Mortgage Amount
$26.0M
Units
230
Program
New Construction & Substantial Rehab
Lender
Colliers Mortgage
Fiscal Year
FY2021
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$24.3M($26.0M original)
Interest Rate
2.69%
Maturity
July 2057(31 years remaining)
Original Term
35 years
Holder
Colliers Mortgage
Servicer
Colliers Mortgage

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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