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Gladstone Place Apartments

FHA Acquisition & Refinance

Endorsed May 25, 2021

FHA #10511121

Deal Details

Location
WEST JORDAN, Utah
Mortgage Amount
$40.3M
Units
187
Program
Acquisition & Refinance
Lender
Northmarq
Fiscal Year
FY2021

Current Loan Status

Active
Outstanding Balance
$36.9M($40.3M original)
Interest Rate
2.68%
Maturity
June 2056(30 years remaining)
Original Term
35 years
Holder
Northmarq
Servicer
Northmarq

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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