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FORESTHILL TERRACE

FHA Acquisition & Refinance

Endorsed August 28, 2020

FHA #04211341

Deal Details

Location
EAST CLEVELAND, Ohio
Mortgage Amount
$31.7M
Units
420
Program
Acquisition & Refinance
Lender
Greystone
Fiscal Year
FY2020
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$28.3M($31.7M original)
Interest Rate
2.35%
Maturity
September 2055(29 years remaining)
Original Term
35 years
Holder
Greystone
Servicer
Greystone

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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