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PENDLETON III APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed August 20, 2021

FHA #04635775

Deal Details

Location
CINCINNATI, Ohio
Mortgage Amount
$12.2M
Units
78
Program
New Construction & Substantial Rehab
Lender
PGIM Real Estate
Fiscal Year
FY2021
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$11.5M($12.2M original)
Interest Rate
2.69%
Maturity
November 2062(37 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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