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Waterfront Place Apartments

FHA New Construction & Substantial Rehab

Endorsed August 29, 2019

FHA #12732009

Deal Details

Location
EVERETT, Washington
Mortgage Amount
$66.9M
Units
266
Program
New Construction & Substantial Rehab
Lender
Northmarq
Fiscal Year
FY2019

Current Loan Status

Active
Outstanding Balance
$63.6M($66.9M original)
Interest Rate
3.75%
Maturity
December 2061(36 years remaining)
Original Term
40 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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