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The Ruby Apartments (fka Chadwick Farms Phase II)

FHA New Construction & Substantial Rehab

Endorsed October 10, 2018

FHA #11335725

Deal Details

Location
NORTHLAKE, Texas
Mortgage Amount
$32.1M
Units
249
Program
New Construction & Substantial Rehab
Lender
Colliers Mortgage
Fiscal Year
FY2019

Current Loan Status

Active
Outstanding Balance
$29.7M($32.1M original)
Interest Rate
2.70%
Maturity
November 2060(35 years remaining)
Original Term
40 years
Holder
Colliers Mortgage
Servicer
Colliers Mortgage

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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