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PALM LAKE APARTMENTS

FHA Acquisition & Refinance

Endorsed November 25, 2025

FHA #06611311

Deal Details

Location
MIAMI, Florida
Mortgage Amount
$70.0M
Units
300
Program
Acquisition & Refinance
Lender
Lument
Fiscal Year
FY2026
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$69.9M($70.0M original)
Interest Rate
5.50%
Maturity
December 2060(35 years remaining)
Original Term
35 years
Holder
Lument
Servicer
Lument

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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