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5005 Palisade Ave

FHA Acquisition & Refinance

Endorsed October 23, 2024

FHA #03111191

Deal Details

Location
West New York, New Jersey
Mortgage Amount
$9.4M
Units
30
Program
Acquisition & Refinance
Lender
NewPoint Real Estate Capital LLC
Fiscal Year
FY2025

Current Loan Status

Active
Outstanding Balance
$9.3M($9.4M original)
Interest Rate
5.18%
Maturity
November 2059(34 years remaining)
Original Term
35 years
Holder
NewPoint Real Estate Capital LLC
Servicer
NewPoint 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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