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The Flats at 540
FHA New Construction & Substantial Rehab
Endorsed October 21, 2016
FHA #05336237
Deal Details
- Location
- Apex, North Carolina
- Mortgage Amount
- $30.9M
- Units
- 212
- Lender
- Greystone
- Fiscal Year
- FY2017
Current Loan Status
Active- Outstanding Balance
- $28.0M($30.9M original)
- Interest Rate
- 3.76%
- Maturity
- July 2058(32 years remaining)
- Original Term
- 40 years
- Holder
- Greystone
- Servicer
- Greystone
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