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Scotland Square Apartments

FHA Acquisition & Refinance

Endorsed June 7, 2021

FHA #06411227

Deal Details

Location
BATON ROUGE, Louisiana
Mortgage Amount
$7.4M
Units
176
Program
Acquisition & Refinance
Lender
DAVIS-PENN MTGE
Fiscal Year
FY2021

Current Loan Status

Active
Outstanding Balance
$6.8M($7.4M original)
Interest Rate
2.58%
Maturity
July 2056(30 years remaining)
Original Term
35 years
Holder
DAVIS-PENN MORTGAGE CO
Servicer
DAVIS-PENN MORTGAGE CO

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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