HUD-insured apartment loans in Sioux Falls, SD
10 properties in Sioux Falls with 1,158 units have FHA-insured mortgages, owing $120.6 million in all. The median note rate is 3.2%; the lowest is 2.33% at Western Heights Apartments.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Western Heights Apartments | 80 | 2.33% | $4.0 million | 2056 |
| The Cascade at Falls Park | 197 | 2.48% | $34.3 million | 2056 |
| Bancroft Place Apartments | 52 | 2.62% | $3.1 million | 2056 |
| Boulder Pointe Townhomes | 52 | 2.62% | $3.8 million | 2056 |
| Dakota Lofts | 40 | 2.77% | $5.2 million | 2056 |
| Sunnycrest Village Apartments | 162 | 3.63% | $6.1 million | 2051 |
| Huntington Village Apts | 180 | 3.73% | $17.9 million | 2059 |
| Village Cooperative of Sioux Falls | 61 | 4.38% | $10.2 million | 2061 |
| Tower of David | 80 | 4.5% | $1.6 million | 2045 |
| Foss Fields | 254 | 5.75% | $34.3 million | 2068 |
Most-active servicers here: Centennial Mortgage Inc (5), Gershman Investment Corp (2), Berkadia Commercial Mortgage L (1).
Source: HUD, Insured Multifamily Mortgages, active file, current as of September 30, 2026. Grouped by the city HUD records for each property.
Buying or refinancing in Sioux Falls?
The Janover Capital desk can tell you whether an existing HUD loan can move with the property, and what a new one would size to.