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Ascent at Mallard Creek Apartments

FHA New Construction & Substantial Rehab

Endorsed November 17, 2017

FHA #05336240

Deal Details

Location
CHARLOTTE, North Carolina
Mortgage Amount
$34.8M
Units
262
Program
New Construction & Substantial Rehab
Lender
HIGHLAND COMMERCIAL MTGE
Fiscal Year
FY2018

Current Loan Status

Active
Outstanding Balance
$32.3M($34.8M original)
Interest Rate
3.86%
Maturity
January 2060(34 years remaining)
Original Term
40 years
Holder
HIGHLAND MORTGAGE
Servicer
HIGHLAND MORTGAGE

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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