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Community Homes I & II

FHA New Construction & Substantial Rehab

Endorsed September 14, 2018

FHA #09435061

Deal Details

Location
FARGO, North Dakota
Mortgage Amount
$12.8M
Units
186
Program
New Construction & Substantial Rehab
Lender
SUNTRUST BANK
Fiscal Year
FY2018
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$11.7M($12.8M original)
Interest Rate
3.10%
Maturity
January 2060(34 years remaining)
Original Term
40 years
Holder
Grandbridge Real Estate Capital LLC
Servicer
Grandbridge 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

hud.gov multifamily data

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