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Timber Ridge Place Apartment Homes

FHA Acquisition & Refinance

Endorsed December 16, 2020

FHA #12611195

Deal Details

Location: ALBANY, Oregon
Mortgage Amount: $21.4M
Units: 137
Program: Acquisition & Refinance
Lender: KeyBank National Association
Fiscal Year: FY2021

Current Loan Status

Active

Outstanding Balance: $19.3M($21.4M original)
Interest Rate: 2.21%
Maturity: January 2056(30 years remaining)
Original Term: 35 years
Holder: KeyBank National Association
Servicer: KeyBank National Association

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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