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Kinston Towers I

FHA Acquisition & Refinance

Endorsed September 18, 2007

FHA #05311220

Deal Details

Location: KINSTON, North Carolina
Mortgage Amount: $2.5M
Units: 148
Program: Acquisition & Refinance
Lender: COLLATERAL REAL ESTATE CAPITAL
Fiscal Year: FY2007

Current Loan Status

Active

Outstanding Balance: $1.5M($2.5M original)
Interest Rate: 4.80%
Maturity: October 2037(12 years remaining)
Original Term: 30 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

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