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1050 Van Buren

FHA New Construction & Substantial Rehab

Endorsed April 5, 2022

FHA #07135939

Deal Details

Location
CHICAGO, Illinois
Mortgage Amount
$58.4M
Units
196
Program
New Construction & Substantial Rehab
Lender
Lument
Fiscal Year
FY2022

Current Loan Status

Active
Outstanding Balance
$57.1M($58.4M original)
Interest Rate
2.99%
Maturity
May 2064(38 years remaining)
Original Term
40 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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