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PARK TOWER

FHA Acquisition & Refinance

Endorsed April 28, 2020

FHA #07111468

Deal Details

Location
JOLIET, Illinois
Mortgage Amount
$16.3M
Units
134
Program
Acquisition & Refinance
Lender
Northmarq
Fiscal Year
FY2020
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$14.6M($16.3M original)
Interest Rate
2.94%
Maturity
May 2055(29 years remaining)
Original Term
35 years
Holder
Northmarq
Servicer
Northmarq

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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