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Spruce Park Apartments

FHA FHA-to-FHA Refinance

Endorsed February 24, 2022

FHA #12611240

Deal Details

Location
PORTLAND, Oregon
Mortgage Amount
$5.1M
Units
72
Program
FHA-to-FHA Refinance
Lender
PNC Bank, N.A.
Fiscal Year
FY2022
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$4.7M($5.1M original)
Interest Rate
2.64%
Maturity
March 2057(31 years remaining)
Original Term
35 years
Holder
PNC Bank, N.A.
Servicer
PNC Bank, N.A.

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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