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EMERALD PLACE APARTMENTS

FHA Acquisition & Refinance

Endorsed October 22, 2025

FHA #04711331

Deal Details

Location
Plainwell, Michigan
Mortgage Amount
$5.0M
Units
25
Program
Acquisition & Refinance
Lender
Berkadia Commercial Mortgage LLC
Fiscal Year
FY2026

Current Loan Status

Active
Outstanding Balance
$5.0M($5.0M original)
Interest Rate
5.03%
Maturity
November 2060(35 years remaining)
Original Term
35 years
Holder
Berkadia Commercial Mortgage LLC
Servicer
Berkadia Commercial Mortgage 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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