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Cathedral Place Apartments

FHA New Construction & Substantial Rehab

Endorsed July 26, 2022

FHA #06235804

Deal Details

Location
MOBILE, Alabama
Mortgage Amount
$14.8M
Units
192
Program
New Construction & Substantial Rehab
Lender
BWE
Fiscal Year
FY2022
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$14.5M($14.8M original)
Interest Rate
4.37%
Maturity
November 2063(38 years remaining)
Original Term
40 years
Holder
BWE
Servicer
BWE

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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