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MH STRATEGIES II (VENSON AND BORDA)

FHA New Construction & Substantial Rehab

Endorsed October 9, 2024

FHA #08135308

Deal Details

Location
MEMPHIS, Tennessee
Mortgage Amount
$27.8M
Units
421
Program
New Construction & Substantial Rehab
Lender
HIGHLAND COMMERCIAL MTGE
Fiscal Year
FY2025
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$27.8M
Interest Rate
5.75%
Maturity
August 2067(41 years remaining)
Original Term
40 years
Holder
HIGHLAND MORTGAGE
Servicer
HIGHLAND MORTGAGE

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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