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Great Bridge Apartments

FHA Acquisition & Refinance

Endorsed December 23, 2019

FHA #05111424

Deal Details

Location
CHESAPEAKE, Virginia
Mortgage Amount
$9.2M
Units
100
Program
Acquisition & Refinance
Lender
HOUSING & HEALTHCARE FINC
Fiscal Year
FY2020

Current Loan Status

Active
Outstanding Balance
$8.2M($9.2M original)
Interest Rate
3.03%
Maturity
January 2055(29 years remaining)
Original Term
35 years
Holder
NewPoint Real Estate Capital LLC
Servicer
NewPoint Real Estate Capital LLC

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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