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NEWPORT APARTMENTS

FHA FHA-to-FHA Refinance

Endorsed June 21, 2017

FHA #04435691

Deal Details

Location
Clinton Township, Michigan
Mortgage Amount
$3.8M
Units
168
Program
FHA-to-FHA Refinance
Lender
PILLAR CAPITAL FINANCE LLC
Fiscal Year
FY2017

Current Loan Status

Active
Outstanding Balance
$3.2M($3.8M original)
Interest Rate
3.88%
Maturity
July 2057(31 years remaining)
Original Term
40 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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