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PARKVIEW TOWER & SQUARE APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed April 26, 2012

FHA #04435631

Deal Details

Location
DETROIT, Michigan
Mortgage Amount
$13.1M
Units
350
Program
New Construction & Substantial Rehab
Lender
PILLAR CAPITAL FINANCE LLC
Fiscal Year
FY2012
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$10.7M($13.1M original)
Interest Rate
3.55%
Maturity
July 2053(27 years remaining)
Original Term
40 years
Holder
Grandbridge Real Estate Capital LLC
Servicer
Grandbridge Real Estate Capital 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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