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CAMBRIDGE TOWERS

FHA Acquisition & Refinance

Endorsed November 26, 2024

FHA #04411584

Deal Details

Location
DETROIT, Michigan
Mortgage Amount
$21.0M
Units
250
Program
Acquisition & Refinance
Lender
Capital One N.A.
Fiscal Year
FY2025
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$20.7M($21.0M original)
Interest Rate
5.20%
Maturity
December 2059(34 years remaining)
Original Term
35 years
Holder
ROSE COMMUNITY CAPITAL
Servicer
ROSE COMMUNITY CAPITAL

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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