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SARASOTA RESIDENCES

FHA New Construction & Substantial Rehab

Endorsed January 11, 2019

FHA #06735527

Deal Details

Location
SARASOTA, Florida
Mortgage Amount
$41.8M
Units
222
Program
New Construction & Substantial Rehab
Lender
FIRST HSG DEVMT CORP OF FL
Fiscal Year
FY2019

Current Loan Status

Active
Outstanding Balance
$39.6M($41.8M original)
Interest Rate
4.57%
Maturity
October 2060(35 years remaining)
Original Term
40 years
Holder
FIRST HOUSING DEV CORP OF FL
Servicer
FIRST HOUSING DEV CORP OF FL

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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