← Back to FHA deals
WESTMINSTER TOWERS
FHA New Construction & Substantial Rehab
Endorsed April 15, 2025
FHA #12235765
Deal Details
- Location
- SANTA MONICA, California
- Mortgage Amount
- $70.6M
- Units
- 283
- Fiscal Year
- FY2025
Current Loan Status
Active- Outstanding Balance
- $70.6M
- Interest Rate
- 5.80%
- Maturity
- September 2067(41 years remaining)
- Original Term
- 40 years
- 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