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PERSHING PARK APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed December 11, 2024

FHA #08135309

Deal Details

Location
MEMPHIS, Tennessee
Mortgage Amount
$12.0M
Units
160
Program
New Construction & Substantial Rehab
Lender
Dwight Capital
Fiscal Year
FY2025
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$12.0M
Interest Rate
5.42%
Maturity
April 2066(40 years remaining)
Original Term
40 years
Holder
Dwight Capital
Servicer
Dwight Capital

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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