← Back to FHA deals

NORTHFIELD CENTER APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed May 31, 2012

FHA #04835100

Deal Details

Location: Bridgeport Township, Michigan
Mortgage Amount: $4.5M
Units: 120
Program: New Construction & Substantial Rehab
Lender: PILLAR CAPITAL FINANCE LLC
Fiscal Year: FY2012
LIHTC: Yes

Current Loan Status

Active

Outstanding Balance: $3.6M($4.5M original)
Interest Rate: 3.28%
Maturity: April 2053(27 years remaining)
Original Term: 40 years
Holder: Grandbridge Real Estate Capital LLC
Servicer: Grandbridge Real Estate Capital LLC

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 deals by PILLAR CAPITAL FINANCE LLC

Clinton Township, MI223(a)(7) Refi

ALBUQUERQUE, NM223(f) Purchase/Refi

WESTLAND, MI223(a)(7) Refi

SOUTHFIELD, MI223(f) Purchase/Refi

Clinton Township, MI223(a)(7) Refi