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MAGNOLIA HILL APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed May 21, 2024

FHA #05336447

Deal Details

Location: CARTHAGE, North Carolina
Mortgage Amount: $45.7M
Units: 240
Program: New Construction & Substantial Rehab
Lender: JLL Real Estate Capital, LLC
Fiscal Year: FY2024

Current Loan Status

Active

Outstanding Balance: $45.7M
Interest Rate: 5.84%
Maturity: July 2066(40 years remaining)
Original Term: 40 years
Holder: JLL Real Estate Capital, LLC
Servicer: JLL 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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