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Southernside Apartments
FHA Acquisition & Refinance
Endorsed June 26, 2025
FHA #08511263
Deal Details
- Location
- O'FALLON, Missouri
- Mortgage Amount
- $18.5M
- Units
- 220
- Program
- Acquisition & Refinance
- Lender
- Northmarq
- Fiscal Year
- FY2025
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $18.4M($18.5M original)
- Interest Rate
- 6.16%
- Maturity
- July 2060(34 years remaining)
- Original Term
- 35 years
- Holder
- Northmarq
- Servicer
- Northmarq
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
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