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Neptune Towers

FHA Acquisition & Refinance

Endorsed August 10, 2018

FHA #02311493

Deal Details

Location
Lynn, Massachusetts
Mortgage Amount
$51.2M
Units
332
Program
Acquisition & Refinance
Lender
MASSACHUSETTS HFA
Fiscal Year
FY2018

Current Loan Status

Active
Outstanding Balance
$44.9M($51.2M original)
Interest Rate
3.05%
Maturity
September 2053(27 years remaining)
Original Term
35 years
Holder
MASSHOUSING
Servicer
MASSHOUSING

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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