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NEWTOWN WOODS APARTMENTS (fka OLD NEW CUT ROAD)
FHA New Construction & Substantial Rehab
Endorsed February 15, 2022
FHA #08335767
Deal Details
- Location
- Fairdale, Kentucky
- Mortgage Amount
- $39.5M
- Units
- 240
- Lender
- MASON JOSEPH COMPANY INC
- Fiscal Year
- FY2022
Current Loan Status
Active- Outstanding Balance
- $37.7M($38.6M original)
- Interest Rate
- 2.80%
- Maturity
- June 2064(38 years remaining)
- Original Term
- 40 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