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Riverside Senior Apartments
FHA New Construction & Substantial Rehab
Endorsed December 19, 2019
FHA #03135331
Deal Details
- Location
- PATERSON, New Jersey
- Mortgage Amount
- $14.2M
- Units
- 80
- Lender
- Dwight Capital
- Fiscal Year
- FY2020
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $13.5M($14.2M original)
- Interest Rate
- 3.75%
- Maturity
- October 2061(36 years remaining)
- Original Term
- 40 years
- Holder
- Midland States Bank
- Servicer
- Midland States Bank
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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