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NEWMAN COURT APARTMENTS
FHA Acquisition & Refinance
Endorsed November 8, 2017
FHA #04411425
Deal Details
- Location
- PONTIAC, Michigan
- Mortgage Amount
- $9.9M
- Units
- 172
- Program
- Acquisition & Refinance
- Lender
- Dwight Capital
- Fiscal Year
- FY2018
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $8.5M($9.9M original)
- Interest Rate
- 3.22%
- Maturity
- December 2052(27 years remaining)
- Original Term
- 35 years
- Holder
- Midland States Bank
- Servicer
- Midland States Bank
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
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