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Pearl Street Park

FHA Acquisition & Refinance

Endorsed April 12, 2017

FHA #02311435

Deal Details

Location
Somerville, Massachusetts
Mortgage Amount
$16.2M
Units
85
Program
Acquisition & Refinance
Lender
Lancaster Pollard
Fiscal Year
FY2017

Current Loan Status

Active
Outstanding Balance
$13.8M($16.2M original)
Interest Rate
3.15%
Maturity
May 2052(26 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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