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The Logan Apartments

FHA Acquisition & Refinance

Endorsed July 25, 2024

FHA #11411618

Deal Details

Location: Nederland, Texas
Mortgage Amount: $24.6M
Units: 157
Program: Acquisition & Refinance
Lender: NewPoint Real Estate Capital LLC
Fiscal Year: FY2024

Current Loan Status

Active

Outstanding Balance: $24.2M($24.6M original)
Interest Rate: 5.50%
Maturity: August 2059(33 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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