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The Larkspur

FHA New Construction & Substantial Rehab

Endorsed September 27, 2023

FHA #12435133

Deal Details

Location
VICTOR, Idaho
Mortgage Amount
$22.5M
Units
86
Program
New Construction & Substantial Rehab
Lender
NewPoint Real Estate Capital LLC
Fiscal Year
FY2023

Current Loan Status

Active
Outstanding Balance
$22.4M($22.5M original)
Interest Rate
6.10%
Maturity
November 2065(40 years remaining)
Original Term
40 years
Holder
NewPoint Real Estate Capital LLC
Servicer
NewPoint Real Estate Capital LLC

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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