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Grace West Apartments
FHA Acquisition & Refinance
Endorsed October 11, 2018
FHA #03111121
Deal Details
- Location
- Newark, New Jersey
- Mortgage Amount
- $64.0M
- Units
- 428
- Program
- Acquisition & Refinance
- Fiscal Year
- FY2019
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $56.2M($64.0M original)
- Interest Rate
- 3.20%
- Maturity
- November 2053(28 years remaining)
- Original Term
- 35 years
- Holder
- ROSE COMMUNITY CAPITAL
- Servicer
- ROSE COMMUNITY CAPITAL
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
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