← Back to FHA deals

Spring Hill Phase III

FHA New Construction & Substantial Rehab

Endorsed June 7, 2018

FHA #04235715

Deal Details

Location
AKRON, Ohio
Mortgage Amount
$3.4M
Units
72
Program
New Construction & Substantial Rehab
Lender
Lument
Fiscal Year
FY2018
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$3.3M($3.5M original)
Interest Rate
4.07%
Maturity
October 2059(34 years remaining)
Original Term
40 years
Holder
Lument
Servicer
Lument

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

Related Deals

Other FHA deals in AKRON, OH

BWENew Const/Rehab
$9.0M
BWENew Const/Rehab
$5.4M
ROSE COMMUNITY CAPITAL223(f) Purchase/Refi
$900K
ROSE COMMUNITY CAPITAL223(f) Purchase/Refi
$2.5M
BWE223(f) Purchase/Refi
$8.8M

Other deals by Lument

Staten Island, NY223(f) Purchase/Refi
$144.1M
Staten Island, NY223(f) Purchase/Refi
$106.3M
Holbrook, MA223(f) Purchase/Refi
$42.9M
ELYRIA, OHNew Const/Rehab
$15.8M
TRENTON, NJNew Const/Rehab
$21.6M