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2424 Tulane Avenue Apartments

FHA New Construction & Substantial Rehab

Endorsed April 25, 2018

FHA #06435651

Deal Details

Location
NEW ORLEANS, Louisiana
Mortgage Amount
$40.2M
Units
202
Program
New Construction & Substantial Rehab
Lender
HIGHLAND COMMERCIAL MTGE
Fiscal Year
FY2018

Current Loan Status

Active
Outstanding Balance
$37.3M($40.2M original)
Interest Rate
3.99%
Maturity
December 2059(34 years remaining)
Original Term
40 years
Holder
HIGHLAND MORTGAGE
Servicer
HIGHLAND MORTGAGE

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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