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Tree Apartments
FHA New Construction & Substantial Rehab
Endorsed November 30, 2020
FHA #11535875
Deal Details
- Location
- McAllen, Texas
- Mortgage Amount
- $17.6M
- Units
- 152
- Fiscal Year
- FY2021
Current Loan Status
Active- Outstanding Balance
- $16.6M($17.6M original)
- Interest Rate
- 2.75%
- Maturity
- April 2062(36 years remaining)
- Original Term
- 40 years
- 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
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