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The Beacon South

FHA New Construction & Substantial Rehab

Endorsed January 27, 2022

FHA #11335933

Deal Details

Location
PLANO, Texas
Mortgage Amount
$50.0M
Units
302
Program
New Construction & Substantial Rehab
Lender
Regions Bank
Fiscal Year
FY2022

Current Loan Status

Active
Outstanding Balance
$51.3M($52.4M original)
Interest Rate
3.02%
Maturity
July 2064(38 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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