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North Village Plaza Apartments Phase II

FHA New Construction & Substantial Rehab

Endorsed November 7, 2019

FHA #06435681

Deal Details

Location
RUSTON, Louisiana
Mortgage Amount
$13.3M
Units
96
Program
New Construction & Substantial Rehab
Lender
HIGHLAND COMMERCIAL MTGE
Fiscal Year
FY2020

Current Loan Status

Active
Outstanding Balance
$12.5M($13.2M original)
Interest Rate
3.62%
Maturity
August 2061(35 years remaining)
Original Term
40 years
Holder
HIGHLAND MORTGAGE
Servicer
HIGHLAND MORTGAGE

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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