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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
Program
New Construction & Substantial Rehab
Lender
HOUSING & HEALTHCARE FINC
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
Holder
NewPoint Real Estate Capital LLC
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

hud.gov multifamily data

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