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Memorial Towers

FHA Acquisition & Refinance

Endorsed June 23, 2023

FHA #12311346

Deal Details

Location
PHOENIX, Arizona
Mortgage Amount
$13.1M
Units
152
Program
Acquisition & Refinance
Lender
Lument
Fiscal Year
FY2023

Current Loan Status

Active
Outstanding Balance
$12.8M($13.1M original)
Interest Rate
5.47%
Maturity
July 2058(32 years remaining)
Original Term
35 years
Holder
Lument
Servicer
Lument

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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