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SUMMIT RIDGE APARTMENTS

FHA Acquisition & Refinance

Endorsed June 30, 2017

FHA #06211226

Deal Details

Location
BIRMINGHAM, Alabama
Mortgage Amount
$11.5M
Units
200
Program
Acquisition & Refinance
Lender
PNC Bank, N.A.
Fiscal Year
FY2017
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$9.8M($11.5M original)
Interest Rate
3.45%
Maturity
July 2052(26 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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