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BURNING TREE APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed March 21, 2025

FHA #08635482

Deal Details

Location
HERMITAGE, Tennessee
Mortgage Amount
$28.6M
Units
280
Program
New Construction & Substantial Rehab
Lender
KeyBank National Association
Fiscal Year
FY2025
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$28.6M
Interest Rate
5.98%
Maturity
May 2067(41 years remaining)
Original Term
40 years
Holder
KeyBank National Association
Servicer
KeyBank National Association

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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