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The Positano

FHA New Construction & Substantial Rehab

Endorsed August 24, 2023

FHA #11336039

Deal Details

Location
DALLAS, Texas
Mortgage Amount
$20.6M
Units
232
Program
New Construction & Substantial Rehab
Lender
PNC Bank, N.A.
Fiscal Year
FY2023
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$20.5M($20.6M original)
Interest Rate
5.84%
Maturity
May 2065(39 years remaining)
Original Term
40 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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