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SPRINGRIDGE APARTMENTS
FHA Acquisition & Refinance
Endorsed August 17, 2022
FHA #06211263
Deal Details
- Location
- PHENIX CITY, Alabama
- Mortgage Amount
- $1.5M
- Units
- 40
- Program
- Acquisition & Refinance
- Lender
- HIGHLAND COMMERCIAL MTGE
- Fiscal Year
- FY2022
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $1.4M($1.5M original)
- Interest Rate
- 2.91%
- Maturity
- September 2057(31 years remaining)
- Original Term
- 35 years
- Holder
- HIGHLAND MORTGAGE
- Servicer
- HIGHLAND MORTGAGE
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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