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The Morrison Lofts fka West Park @ Downtown

FHA New Construction & Substantial Rehab

Endorsed March 11, 2021

FHA #11335791

Deal Details

Location
TYLER, Texas
Mortgage Amount
$15.6M
Units
112
Program
New Construction & Substantial Rehab
Lender
NewPoint Real Estate Capital LLC
Fiscal Year
FY2021

Current Loan Status

Active
Outstanding Balance
$14.7M($15.4M original)
Interest Rate
2.85%
Maturity
September 2062(36 years remaining)
Original Term
40 years
Holder
NewPoint Real Estate Capital LLC
Servicer
NewPoint 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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