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WATERFRONT TERRACE APARTMENTS

FHA Acquisition & Refinance

Endorsed September 29, 2023

FHA #07211285

Deal Details

Location
INDIANAPOLIS, Indiana
Mortgage Amount
$13.9M
Units
212
Program
Acquisition & Refinance
Lender
Dwight Capital
Fiscal Year
FY2023

Current Loan Status

Active
Outstanding Balance
$13.6M($13.9M original)
Interest Rate
5.25%
Maturity
October 2058(33 years remaining)
Original Term
35 years
Holder
Dwight Capital
Servicer
Dwight 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

hud.gov multifamily data

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