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Northcrest Apartments

FHA New Construction & Substantial Rehab

Endorsed June 26, 2014

FHA #11335591

Deal Details

Location: BIG SPRING, Texas
Mortgage Amount: $3.7M
Units: 68
Program: New Construction & Substantial Rehab
Lender: PILLAR CAPITAL FINANCE LLC
Fiscal Year: FY2014
LIHTC: Yes
Tax-Exempt: Yes

Current Loan Status

Active

Outstanding Balance: $3.2M($3.7M original)
Interest Rate: 4.10%
Maturity: August 2055(29 years remaining)
Original Term: 40 years
Holder: Grandbridge Real Estate Capital LLC
Servicer: Grandbridge Real Estate Capital LLC

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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