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Montebello at Summit Ridge

FHA Acquisition & Refinance

Endorsed December 11, 2020

FHA #12511168

Deal Details

Location
RENO, Nevada
Mortgage Amount
$83.7M
Units
450
Program
Acquisition & Refinance
Lender
Berkadia Commercial Mortgage LLC
Fiscal Year
FY2021

Current Loan Status

Active
Outstanding Balance
$75.3M($83.7M original)
Interest Rate
2.29%
Maturity
January 2056(30 years remaining)
Original Term
35 years
Holder
Berkadia Commercial Mortgage LLC
Servicer
Berkadia Commercial Mortgage 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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