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VENUE TOWERS APARTMENTS

FHA Acquisition & Refinance

Endorsed March 26, 2025

FHA #04711321

Deal Details

Location
GRAND RAPIDS, Michigan
Mortgage Amount
$16.0M
Units
94
Program
Acquisition & Refinance
Lender
Arbor Realty Trust
Fiscal Year
FY2025

Current Loan Status

Active
Outstanding Balance
$15.9M($16.0M original)
Interest Rate
5.44%
Maturity
April 2060(34 years remaining)
Original Term
35 years
Holder
Arbor Realty Trust
Servicer
Arbor Realty Trust

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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