← Back to FHA deals

Preserve North Residences (formerly The Tannery)

FHA HFA Risk Sharing (542c)

Endorsed December 23, 2021

FHA #02398413

Deal Details

Location
PEABODY, Massachusetts
Mortgage Amount
$28.3M
Units
284
Program
HFA Risk Sharing (542c)
Lender
MASSACHUSETTS HFA
Fiscal Year
FY2022
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$27.1M($28.3M original)
Interest Rate
4.10%
Maturity
January 2062(36 years remaining)
Original Term
40 years
Holder
MASSHOUSING
Servicer
MASSHOUSING

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

Related Deals

Other FHA deals in PEABODY, MA

Lument223(a)(7) Refi
$17.4M
MASSACHUSETTS HFARisk Sharing
$28.0M
OPPENHEIMER MF HSG & HCARE223(f) Purchase/Refi
$14.1M
Lument223(f) Purchase/Refi
$17.4M
MASSACHUSETTS HFARisk Sharing
$2.3M

Other deals by MASSACHUSETTS HFA

Newton, MA223(f) Purchase/Refi
$22.5M
Wareham, MARisk Sharing
$3.1M
Fall River, MA223(f) Purchase/Refi
$5.0M
Beverly, MARisk Sharing
$7.6M
Feeding Hills, MARisk Sharing
$3.7M