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Southern Ridge

FHA New Construction & Substantial Rehab

Endorsed March 20, 2014

FHA #00035512

Deal Details

Location
WASHINGTON, District of Columbia
Mortgage Amount
$10.4M
Units
156
Program
New Construction & Substantial Rehab
Lender
PGIM Real Estate
Fiscal Year
FY2014
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$9.1M($10.4M original)
Interest Rate
4.52%
Maturity
May 2055(29 years remaining)
Original Term
40 years
Holder
PGIM Real Estate
Servicer
PGIM Real Estate

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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