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Saddle Creek Apartments
FHA Acquisition & Refinance
Endorsed November 26, 2019
FHA #04411456
Deal Details
- Location
- NOVI, Michigan
- Mortgage Amount
- $57.1M
- Units
- 400
- Program
- Acquisition & Refinance
- Fiscal Year
- FY2020
Current Loan Status
Active- Outstanding Balance
- $50.8M($57.1M original)
- Interest Rate
- 2.90%
- Maturity
- December 2054(29 years remaining)
- Original Term
- 35 years
- Servicer
- Berkadia Commercial Mortgage 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
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