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Elements Apartments

FHA Acquisition & Refinance

Endorsed July 9, 2025

FHA #12211534

Deal Details

Location
SANTA MARIA, California
Mortgage Amount
$49.7M
Units
167
Program
Acquisition & Refinance
Lender
Dwight Capital
Fiscal Year
FY2025

Current Loan Status

Active
Outstanding Balance
$49.5M($49.7M original)
Interest Rate
5.15%
Maturity
August 2060(34 years remaining)
Original Term
35 years
Holder
Dwight Capital
Servicer
Dwight Capital

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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