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Springbrook Apartments
FHA Acquisition & Refinance
Endorsed December 6, 2016
FHA #08711111
Deal Details
- Location
- Cleveland, Tennessee
- Mortgage Amount
- $4.4M
- Units
- 97
- Program
- Acquisition & Refinance
- Lender
- Dwight Capital
- Fiscal Year
- FY2017
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $3.7M($4.4M original)
- Interest Rate
- 3.31%
- Maturity
- January 2052(26 years remaining)
- Original Term
- 35 years
- Holder
- Midland States Bank
- Servicer
- Midland States Bank
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
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