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Summerfield Senior Apartments

FHA New Construction & Substantial Rehab

Endorsed May 15, 2025

FHA #05138034

Deal Details

Location
MIDLOTHIAN, Virginia
Mortgage Amount
$23.1M
Units
122
Program
New Construction & Substantial Rehab
Lender
BERKELY POINT CAPITAL LLC DBA NEWMARK
Fiscal Year
FY2025

Current Loan Status

Active
Outstanding Balance
$23.1M
Interest Rate
6.08%
Maturity
May 2067(41 years remaining)
Original Term
40 years
Holder
BERKELEY POINT CAPITAL LLC
Servicer
BERKELEY POINT 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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