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REDWOOD NORTH RIDGEVILLE BAGLEY ROAD PHASES I,2,3

FHA Acquisition & Refinance

Endorsed October 26, 2023

FHA #04211441

Deal Details

Location
NORTH RIDGEVILLE, Ohio
Mortgage Amount
$27.4M
Units
204
Program
Acquisition & Refinance
Lender
Lument
Fiscal Year
FY2024

Current Loan Status

Active
Outstanding Balance
$26.9M($27.4M original)
Interest Rate
5.99%
Maturity
November 2058(33 years remaining)
Original Term
35 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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