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SOUTHGATE APARTMENTS
FHA Acquisition & Refinance
Endorsed April 21, 2021
FHA #01411296
Deal Details
- Location
- SCHENECTADY, New York
- Mortgage Amount
- $20.0M
- Units
- 292
- Program
- Acquisition & Refinance
- Lender
- Lument
- Fiscal Year
- FY2021
Current Loan Status
Active- Outstanding Balance
- $18.1M($20.0M original)
- Interest Rate
- 2.18%
- Maturity
- May 2056(30 years remaining)
- Original Term
- 35 years
- Holder
- Lument
- Servicer
- Lument
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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