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LAKE SUSAN APARTMENTS

FHA Acquisition & Refinance

Endorsed October 31, 2019

FHA #09211464

Deal Details

Location
CHANHASSEN, Minnesota
Mortgage Amount
$24.8M
Units
162
Program
Acquisition & Refinance
Lender
Grandbridge Real Estate Capital LLC
Fiscal Year
FY2020

Current Loan Status

Active
Outstanding Balance
$22.1M($24.8M original)
Interest Rate
3.15%
Maturity
November 2054(29 years remaining)
Original Term
35 years
Holder
Grandbridge Real Estate Capital LLC
Servicer
Grandbridge Real Estate Capital LLC

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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