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Longboat Key Apartments

FHA Acquisition & Refinance

Endorsed March 25, 2021

FHA #11411510

Deal Details

Location
HOUSTON, Texas
Mortgage Amount
$20.0M
Units
272
Program
Acquisition & Refinance
Lender
Lument
Fiscal Year
FY2021
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$18.1M($20.0M original)
Interest Rate
2.26%
Maturity
April 2056(30 years remaining)
Original Term
35 years
Holder
Lument
Servicer
Lument

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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