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Drexel Des Moines Apartments
FHA Acquisition & Refinance
Endorsed June 29, 2017
FHA #12711249
Deal Details
- Location
- DES MOINES, Washington
- Mortgage Amount
- $1.9M
- Units
- 24
- Program
- Acquisition & Refinance
- Lender
- Dwight Capital
- Fiscal Year
- FY2017
Current Loan Status
Active- Outstanding Balance
- $1.6M($1.9M original)
- Interest Rate
- 3.60%
- Maturity
- July 2052(26 years remaining)
- Original Term
- 35 years
- Holder
- Midland States Bank
- Servicer
- Midland States Bank
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