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ARCHER COURT APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed September 22, 2021

FHA #07135934

Deal Details

Location
CHICAGO, Illinois
Mortgage Amount
$21.5M
Units
146
Program
New Construction & Substantial Rehab
Lender
PGIM Real Estate
Fiscal Year
FY2021
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$20.6M($21.5M original)
Interest Rate
2.66%
Maturity
January 2063(37 years remaining)
Original Term
40 years
Holder
PGIM Real Estate
Servicer
PGIM Real Estate

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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