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RIVER SHOALS APARTMENTS (fka RIVERWATCH )

FHA New Construction & Substantial Rehab

Endorsed October 31, 2019

FHA #06135898

Deal Details

Location
AUGUSTA, Georgia
Mortgage Amount
$40.8M
Units
296
Program
New Construction & Substantial Rehab
Lender
HIGHLAND COMMERCIAL MTGE
Fiscal Year
FY2020

Current Loan Status

Active
Outstanding Balance
$38.7M($40.8M original)
Interest Rate
3.49%
Maturity
December 2061(36 years remaining)
Original Term
40 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

hud.gov multifamily data

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