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JOY WEST MANOR APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed July 31, 2014

FHA #04435666

Deal Details

Location
DETROIT, Michigan
Mortgage Amount
$1.3M
Units
78
Program
New Construction & Substantial Rehab
Lender
PILLAR CAPITAL FINANCE LLC
Fiscal Year
FY2014
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$1.1M($1.3M original)
Interest Rate
2.45%
Maturity
October 2055(30 years remaining)
Original Term
40 years
Holder
Grandbridge Real Estate Capital LLC
Servicer
Grandbridge 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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