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PHILLIPS LANDING APARTMENTS

FHA Acquisition & Refinance

Endorsed October 30, 2019

FHA #05311455

Deal Details

Location
STATESVILLE, North Carolina
Mortgage Amount
$12.6M
Units
144
Program
Acquisition & Refinance
Lender
Dwight Capital
Fiscal Year
FY2020

Current Loan Status

Active
Outstanding Balance
$11.3M($12.6M original)
Interest Rate
3.31%
Maturity
November 2054(29 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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