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STOCKBRIDGE APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed October 23, 2018

FHA #04735271

Deal Details

Location
GRAND RAPIDS, Michigan
Mortgage Amount
$3.5M
Units
64
Program
New Construction & Substantial Rehab
Lender
Dwight Capital
Fiscal Year
FY2019
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$3.2M($3.5M original)
Interest Rate
3.29%
Maturity
May 2060(34 years remaining)
Original Term
40 years
Holder
Midland States Bank
Servicer
Midland States Bank

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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