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West 53rd Street Apartments

FHA Acquisition & Refinance

Endorsed September 23, 2019

FHA #01211455

Deal Details

Location
New York, New York
Mortgage Amount
$22.8M
Units
40
Program
Acquisition & Refinance
Lender
SUNTRUST BANK
Fiscal Year
FY2019

Current Loan Status

Active
Outstanding Balance
$20.4M($22.8M original)
Interest Rate
3.34%
Maturity
October 2054(29 years remaining)
Original Term
35 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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