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Belforest Apartments
FHA New Construction & Substantial Rehab
Endorsed June 19, 2018
FHA #06235763
Deal Details
- Location
- DAPHNE, Alabama
- Mortgage Amount
- $24.5M
- Units
- 168
- Lender
- HIGHLAND COMMERCIAL MTGE
- Fiscal Year
- FY2018
Current Loan Status
Active- Outstanding Balance
- $22.7M($24.5M original)
- Interest Rate
- 3.99%
- Maturity
- November 2059(34 years remaining)
- Original Term
- 40 years
- Holder
- HIGHLAND MORTGAGE
- Servicer
- HIGHLAND MORTGAGE
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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