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Delaware Manor Apartments

FHA Acquisition & Refinance

Endorsed March 14, 2007

FHA #04711056

Deal Details

Location
GRAND RAPIDS, Michigan
Mortgage Amount
$2.3M
Units
46
Program
Acquisition & Refinance
Lender
PILLAR CAPITAL FINANCE LLC
Fiscal Year
FY2007

Current Loan Status

Active
Outstanding Balance
$1.5M($2.3M original)
Interest Rate
4.20%
Maturity
April 2042(16 years remaining)
Original Term
35 years
Holder
Grandbridge Real Estate Capital LLC
Servicer
Grandbridge 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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