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500 EAST MAIN

FHA New Construction & Substantial Rehab

Endorsed May 8, 2025

FHA #05336462

Deal Details

Location
DURHAM, North Carolina
Mortgage Amount
$21.3M
Units
195
Program
New Construction & Substantial Rehab
Lender
Grandbridge Real Estate Capital LLC
Fiscal Year
FY2025

Current Loan Status

Active
Outstanding Balance
$21.3M
Interest Rate
6.20%
Maturity
September 2067(41 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

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