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The Pizitz Building

FHA New Construction & Substantial Rehab

Endorsed February 26, 2015

FHA #06232004

Deal Details

Location
BIRMINGHAM, Alabama
Mortgage Amount
$27.4M
Units
143
Program
New Construction & Substantial Rehab
Lender
HIGHLAND COMMERCIAL MTGE
Fiscal Year
FY2015
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$24.5M($27.4M original)
Interest Rate
4.25%
Maturity
December 2056(31 years remaining)
Original Term
40 years
Holder
HIGHLAND MORTGAGE
Servicer
HIGHLAND 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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