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Canyon's Edge Apartments

FHA Acquisition & Refinance

Endorsed August 7, 2025

FHA #12511906

Deal Details

Location
RENO, Nevada
Mortgage Amount
$8.8M
Units
48
Program
Acquisition & Refinance
Lender
PNC Bank, N.A.
Fiscal Year
FY2025

Current Loan Status

Active
Outstanding Balance
$8.8M($8.8M original)
Interest Rate
5.92%
Maturity
September 2060(34 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

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