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REDWOOD NEWARK (RIVER TRAILS) -PHASES I&II

FHA Acquisition & Refinance

Endorsed October 27, 2023

FHA #04311321

Deal Details

Location
Newark, Ohio
Mortgage Amount
$17.6M
Units
113
Program
Acquisition & Refinance
Lender
Lument
Fiscal Year
FY2024

Current Loan Status

Active
Outstanding Balance
$17.3M($17.6M original)
Interest Rate
6.07%
Maturity
November 2058(33 years remaining)
Original Term
35 years
Holder
Lument
Servicer
Lument

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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