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LAKESIDE TOWERS

FHA New Construction & Substantial Rehab

Endorsed September 13, 2012

FHA #04435635

Deal Details

Location
STERLING HEIGHTS, Michigan
Mortgage Amount
$4.4M
Units
114
Program
New Construction & Substantial Rehab
Lender
Dwight Capital
Fiscal Year
FY2012
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$3.6M($4.4M original)
Interest Rate
2.97%
Maturity
February 2054(28 years remaining)
Original Term
40 years
Holder
Midland States Bank
Servicer
Midland States Bank

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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