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PINEWOOD TERRACE APARTMENTS

FHA Acquisition & Refinance

Endorsed March 25, 2021

FHA #12511174

Deal Details

Location
RENO, Nevada
Mortgage Amount
$7.3M
Units
50
Program
Acquisition & Refinance
Lender
Grandbridge Real Estate Capital LLC
Fiscal Year
FY2021

Current Loan Status

Active
Outstanding Balance
$6.6M($7.3M original)
Interest Rate
2.16%
Maturity
April 2056(30 years remaining)
Original Term
35 years
Holder
Grandbridge Real Estate Capital LLC
Servicer
Grandbridge 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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