← Back to FHA deals

Taino Towers

FHA New Construction & Substantial Rehab

Endorsed September 29, 2025

FHA #01232285

Deal Details

Location
New York, New York
Mortgage Amount
$224.5M
Units
656
Program
New Construction & Substantial Rehab
Lender
FIRST AMERICAN CAPITAL GRP
Fiscal Year
FY2025

Current Loan Status

Active
Outstanding Balance
$224.5M
Interest Rate
6.50%
Maturity
January 2069(43 years remaining)
Original Term
40 years
Holder
FIRST AMERICAN CAPITAL GRP
Servicer
FIRST AMERICAN CAPITAL GRP

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 New York, NY