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LAKE FOREST APARTMENTS
FHA Acquisition & Refinance
Endorsed April 30, 2020
FHA #04711242
Deal Details
- Location
- NORTON SHORES, Michigan
- Mortgage Amount
- $18.4M
- Units
- 251
- Program
- Acquisition & Refinance
- Lender
- Arbor Realty Trust
- Fiscal Year
- FY2020
Current Loan Status
Active- Outstanding Balance
- $16.4M($18.4M original)
- Interest Rate
- 2.62%
- Maturity
- May 2055(29 years remaining)
- Original Term
- 35 years
- Holder
- Arbor Realty Trust
- Servicer
- Arbor Realty Trust
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
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