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Wesley Graceland Gardens Apartments
FHA Acquisition & Refinance
Endorsed August 25, 2016
FHA #08111102
Deal Details
- Location
- MEMPHIS, Tennessee
- Mortgage Amount
- $7.6M
- Units
- 214
- Program
- Acquisition & Refinance
- Lender
- Dwight Capital
- Fiscal Year
- FY2016
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $4.7M($7.6M original)
- Interest Rate
- 3.04%
- Maturity
- September 2051(25 years remaining)
- Original Term
- 35 years
- Holder
- Midland States Bank
- Servicer
- Midland States Bank
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
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