← Back to FHA deals

Reidsville Ridge Apartments

FHA New Construction & Substantial Rehab

Endorsed October 31, 2016

FHA #05336234

Deal Details

Location
REIDSVILLE, North Carolina
Mortgage Amount
$2.9M
Units
72
Program
New Construction & Substantial Rehab
Lender
Wells Fargo Multifamily Capital
Fiscal Year
FY2017
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$2.6M($2.9M original)
Interest Rate
3.45%
Maturity
January 2058(32 years remaining)
Original Term
40 years
Holder
Wells Fargo Multifamily Capital
Servicer
Wells Fargo Multifamily 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

Related Deals

Other FHA deals in REIDSVILLE, NC

Other deals by Wells Fargo Multifamily Capital