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The Overlook Apartments

FHA New Construction & Substantial Rehab

Endorsed February 16, 2021

FHA #11335845

Deal Details

Location
PALESTINE, Texas
Mortgage Amount
$20.2M
Units
152
Program
New Construction & Substantial Rehab
Lender
NewPoint Real Estate Capital LLC
Fiscal Year
FY2021

Current Loan Status

Active
Outstanding Balance
$20.2M
Interest Rate
2.85%
Maturity
October 2062(37 years remaining)
Original Term
40 years
Holder
NewPoint Real Estate Capital LLC
Servicer
NewPoint Real Estate 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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