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Spring Garden Towers

FHA Acquisition & Refinance

Endorsed September 13, 2022

FHA #03411290

Deal Details

Location
PHILADELPHIA, Pennsylvania
Mortgage Amount
$35.0M
Units
208
Program
Acquisition & Refinance
Lender
Berkadia Commercial Mortgage LLC
Fiscal Year
FY2022

Current Loan Status

Active
Outstanding Balance
$33.3M($35.0M original)
Interest Rate
3.90%
Maturity
October 2057(32 years remaining)
Original Term
35 years
Holder
Berkadia Commercial Mortgage LLC
Servicer
Berkadia Commercial Mortgage 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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