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Ainger Place Apartments

FHA New Construction & Substantial Rehab

Endorsed October 25, 2018

FHA #00035555

Deal Details

Location: WASHINGTON, District of Columbia
Mortgage Amount: $6.0M
Units: 72
Program: New Construction & Substantial Rehab
Lender: SUNTRUST BANK
Fiscal Year: FY2019
LIHTC: Yes
Tax-Exempt: Yes

Current Loan Status

Active

Outstanding Balance: $5.6M($6.0M original)
Interest Rate: 4.50%
Maturity: May 2060(34 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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