← Back to FHA deals

Nexus at Gray's Landing Apartments

FHA New Construction & Substantial Rehab

Endorsed August 22, 2016

FHA #07435287

Deal Details

Location
DES MOINES, Iowa
Mortgage Amount
$21.4M
Units
142
Program
New Construction & Substantial Rehab
Lender
JLL Real Estate Capital, LLC
Fiscal Year
FY2016

Current Loan Status

Active
Outstanding Balance
$18.7M($21.4M original)
Interest Rate
2.94%
Maturity
March 2058(32 years remaining)
Original Term
40 years
Holder
JLL Real Estate Capital, LLC
Servicer
JLL 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

Related Deals

Other FHA deals in DES MOINES, IA

GERSHMAN INVESTMENTNew Const/Rehab
$44.5M
LumentNew Const/Rehab
$3.8M
Greystone223(f) Purchase/Refi
$6.7M
Greystone223(a)(7) Refi
$6.1M
Greystone223(a)(7) Refi
$9.3M

Other deals by JLL Real Estate Capital, LLC

SALT LAKE CITY, UTNew Const/Rehab
$10.2M
LEESBURG, FL241(a) Improvements
$10.9M
MIDLAND, TX223(f) Purchase/Refi
$39.9M
DENTON, TXNew Const/Rehab
$63.5M
ROCK HILL, SCNew Const/Rehab
$23.5M