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VERNDALE APARTMENTS

FHA Acquisition & Refinance

Endorsed December 16, 2021

FHA #04711295

Deal Details

Location
LANSING, Michigan
Mortgage Amount
$8.4M
Units
84
Program
Acquisition & Refinance
Lender
Arbor Realty Trust
Fiscal Year
FY2022

Current Loan Status

Active
Outstanding Balance
$7.8M($8.4M original)
Interest Rate
2.54%
Maturity
January 2057(31 years remaining)
Original Term
35 years
Holder
Arbor Realty Trust
Servicer
Arbor Realty Trust

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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