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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
Program
New Construction & Substantial Rehab
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

hud.gov multifamily data

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