← Back to FHA deals
Gramercy Townhomes
FHA Acquisition & Refinance
Endorsed April 24, 2025
FHA #03111199
Deal Details
- Location
- SOUTH BOUND BROOK, New Jersey
- Mortgage Amount
- $7.5M
- Units
- 22
- Program
- Acquisition & Refinance
- Fiscal Year
- FY2025
Current Loan Status
Active- Outstanding Balance
- $7.5M($7.5M original)
- Interest Rate
- 5.40%
- Maturity
- May 2060(34 years remaining)
- Original Term
- 35 years
- 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