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The Sitka

FHA Acquisition & Refinance

Endorsed October 20, 2022

FHA #12611245

Deal Details

Location
PORTLAND, Oregon
Mortgage Amount
$20.0M
Units
209
Program
Acquisition & Refinance
Lender
NewPoint Real Estate Capital LLC
Fiscal Year
FY2023
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$19.1M($20.0M original)
Interest Rate
4.12%
Maturity
November 2057(32 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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