HUD lender profile

Colliers Mortgage LLC: HUD multifamily lending record

HUD insured 78 multifamily loans with Colliers Mortgage as lender in FY2022-FY2026, for $1.58 billion and 9,918 units. That is 2.5% of all HUD multifamily dollars in those years and #13 among lenders.

$1.58Bendorsed, FY2022-FY2026
78loans, FY2022-FY2026
$16.7Mmedian loan size
319active HUD apartment loans it services

What the numbers say

In FY2026 it closed 20 HUD loans for $419 million, up 110% from FY2025 and ranking #12 among HUD multifamily lenders that year.

NC/SR was its largest program at 59% of five-year dollars, followed by 223(f) at 38%.

It lent in 18 states; Minnesota was the largest at 33% of dollars.

Its median loan was $16.7 million, above the $14.3 million median for all HUD multifamily endorsements in the same years.

On 223(f) loans, the median time from firm commitment to initial endorsement was 76 days (33 loans), against 87 days for all lenders, 11 days faster.

16 of its 78 loans (21%) carried low-income housing tax credits, against 32% across all HUD multifamily endorsements.

HUD volume by fiscal year

$0M$250M$500M$750M$1.0B'17'18'19'20'21'22'23'24'25'26
  • 223(f)
  • New construction / sub rehab
  • Other programs
Mortgage dollars at initial endorsement, FY2017 to FY2026. Table below.
Colliers Mortgage LLC, initial endorsements by fiscal year
FYLoansDollarsUnits223(f)NC/SROtherRank
FY2026 20 $419M 2,369 10 8 2 #12
FY2025 8 $200M 1,256 4 3 1 #16
FY2024 9 $153M 1,002 3 5 1 #13
FY2023 10 $168M 1,209 5 5 0 #14
FY2022 31 $637M 4,082 11 18 2 #12
FY2021 67 $820M 6,586 16 17 34 #9
FY2020 32 $521M 4,070 2 14 16 #10
FY2019 16 $296M 2,184 2 13 1 #12
FY2018 31 $621M 4,422 5 24 2 #8
FY2017 33 $395M 4,775 7 13 13 #10
Since FY2008529$7.09B70,166

Program columns count loans. Rank is by dollars among all HUD multifamily lenders that fiscal year.

Program mix, FY2022-FY2026

By HUD program category
ProgramLoansDollarsMedian loanAll lenders' median
New construction or substantial rehab (221(d)(4), 220, 231, 213)39$936M$19.2M$23.9M
223(f) purchase or refinance33$598M$13.8M$13.5M
223(a)(7) streamlined refinance3$34.3M$11.1M$10.4M
241(a) supplemental loan3$8.6M$1.5M$8.6M

Where it lends

Top states, FY2022-FY2026
StateLoansDollars
Minnesota33$525M
Texas18$428M
Washington4$89.0M
North Dakota3$37.9M
Montana3$76.1M
Colorado3$54.8M
South Carolina2$21.2M
Georgia2$58.5M
Alabama1$61.8M
Florida1$45.5M
North Carolina1$5.6M
Idaho1$9.5M

Firm commitment to closing

Days from the firm commitment date HUD records to initial endorsement, for this lender's FY2022-FY2026 loans. This is the last stretch of a HUD deal, after underwriting is done; it is not the whole timeline from application.

All its loans with both dates (78)
84 days median
Middle half of its loans
64-134 days
223(f) (33 loans)
76 days
NC/SR (39 loans)
105 days
All lenders, FHA programs, FY2022-FY2026
91 days

Most recent HUD endorsements

Latest 12 loans with Colliers Mortgage as lender at initial endorsement
EndorsedPropertyCityProgramLoanUnits
2026-09-03 Tapestry Cahaba · AL Birmingham NC/SR $61.8M 275
2026-08-27 Magnolia Parke · FL Gainesville NC/SR $45.5M 248
2026-07-29 Article No. 7 Apartments · MN St. Paul 223(f) $16.3M 84
2026-06-30 Silver Lake Pointe · MN Mounds View 223(f) $7.9M 83
2026-06-12 Village Cooperative of Bismarck · ND Bismarck NC/SR $15.8M 58
2026-05-28 Elliott Chase Apartments · NC Chapel Hill 241(a) $5.6M 78
2026-05-27 10 S Latah · ID Boise NC/SR $9.5M 41
2026-04-28 The View at Franklin Phase I · VA Danville 223(f) $27.1M 135
2026-04-23 Aurora Apartment Homes · MT Great Falls 223(f) $51.9M 288
2026-04-02 Villas at Belle Meadows · TX Belton 223(f) $7.1M 72
2026-03-31 Refuge Lofts · MS Flowood NC/SR $67.4M 322
2026-03-31 Linkside Village · DE Bridgeville 223(f) $5.0M 28

Largest loans, FY2022-FY2026

Largest 8 by mortgage amount at endorsement
PropertyCityProgramLoanEndorsed
Refuge Lofts · MS Flowood NC/SR $67.4M 2026-03-31
Tapestry Cahaba · AL Birmingham NC/SR $61.8M 2026-09-03
Millennium Crest · TX Denton NC/SR $55.9M 2025-04-29
Chamberlain Apartments · MN Richfield 223(f) $53.0M 2021-10-28
The Heron at River Island · GA Martinez 223(f) $52.2M 2025-09-25
Aurora Apartment Homes · MT Great Falls 223(f) $51.9M 2026-04-23
125 Lowry · MN Minneapolis NC/SR $47.2M 2021-12-29
Decker Station Apartments · UT West Valley NC/SR $46.3M 2022-01-18

Its HUD servicing book today

HUD's active insured mortgage file (as of September 30, 2026) lists Colliers Mortgage LLC as servicer on 319 apartment loans with $4.11 billion of balance and 39,163 units. The median note rate on that book is 3.25%. 252 of the loans carry a rate under 4%. HUD lists the same name as holder of 318 loans.

221(d)(4)
111 loans
223(a)(7)
89 loans
223(f)
81 loans
Other
34 loans
241(a)
4 loans

Largest servicing states: Minnesota (145), Texas (75), Iowa (12), Colorado (11), Louisiana (11), Washington (9).

Compare it with the rest of the market in the HUD lender league table, see what recent loans closed at on HUD rates, or read how the 223(f) and 221(d)(4) programs work.

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