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Cardinal 95 Apartments

FHA New Construction & Substantial Rehab

Endorsed February 25, 2022

FHA #12335558

Deal Details

Location
GLENDALE, Arizona
Mortgage Amount
$49.9M
Units
198
Program
New Construction & Substantial Rehab
Lender
Lument
Fiscal Year
FY2022

Current Loan Status

Active
Outstanding Balance
$48.6M($49.9M original)
Interest Rate
2.88%
Maturity
April 2064(38 years remaining)
Original Term
40 years
Holder
Lument
Servicer
Lument

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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