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TAPESTRY SQUARE SENIOR LIVING

FHA New Construction & Substantial Rehab

Endorsed September 23, 2021

FHA #04735279

Deal Details

Location
GRAND RAPIDS, Michigan
Mortgage Amount
$4.7M
Units
56
Program
New Construction & Substantial Rehab
Lender
Lument
Fiscal Year
FY2021
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$4.5M($4.7M original)
Interest Rate
2.65%
Maturity
April 2063(37 years remaining)
Original Term
40 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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