← Back to FHA deals

HERON SPRINGS TOWNHOMES & APARTMENTS

FHA Acquisition & Refinance

Endorsed May 27, 2020

FHA #04411466

Deal Details

Location
LAKE ORION, Michigan
Mortgage Amount
$30.2M
Units
162
Program
Acquisition & Refinance
Lender
PNC Bank, N.A.
Fiscal Year
FY2020

Current Loan Status

Active
Outstanding Balance
$27.0M($30.2M original)
Interest Rate
2.65%
Maturity
June 2055(29 years remaining)
Original Term
35 years
Holder
PNC Bank, N.A.
Servicer
PNC Bank, N.A.

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 LAKE ORION, MI

Other deals by PNC Bank, N.A.