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ABBERLY ROYAL CREEK APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed March 30, 2023

FHA #05336385

Deal Details

Location
RALEIGH, North Carolina
Mortgage Amount
$38.5M
Units
250
Program
New Construction & Substantial Rehab
Lender
Berkadia Commercial Mortgage LLC
Fiscal Year
FY2023

Current Loan Status

Active
Outstanding Balance
$38.5M
Interest Rate
5.60%
Maturity
July 2065(39 years remaining)
Original Term
40 years
Holder
Berkadia Commercial Mortgage LLC
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

hud.gov multifamily data

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