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Westmoreland's Union Manor

FHA New Construction & Substantial Rehab

Endorsed June 18, 2015

FHA #12635315

Deal Details

Location
PORTLAND, Oregon
Mortgage Amount
$25.9M
Units
300
Program
New Construction & Substantial Rehab
Lender
NewPoint Real Estate Capital LLC
Fiscal Year
FY2015
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$23.1M($25.9M original)
Interest Rate
3.73%
Maturity
July 2057(31 years remaining)
Original Term
40 years
Holder
NewPoint Real Estate Capital LLC
Servicer
NewPoint 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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