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Highland Ridge Apartments

FHA Acquisition & Refinance

Endorsed April 26, 2022

FHA #07111529

Deal Details

Location
LOCKPORT, Illinois
Mortgage Amount
$49.8M
Units
240
Program
Acquisition & Refinance
Lender
Dwight Capital
Fiscal Year
FY2022

Current Loan Status

Active
Outstanding Balance
$46.6M($49.8M original)
Interest Rate
2.99%
Maturity
May 2057(31 years remaining)
Original Term
35 years
Holder
Dwight Capital
Servicer
Dwight Capital

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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