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Riverside Apartments

FHA New Construction & Substantial Rehab

Endorsed December 11, 2025

FHA #06735635

Deal Details

Location: TARPON SPRINGS, Florida
Mortgage Amount: $37.5M
Units: 304
Program: New Construction & Substantial Rehab
Lender: Berkadia Commercial Mortgage LLC
Fiscal Year: FY2026
LIHTC: Yes

Current Loan Status

Active

Outstanding Balance: $37.5M
Interest Rate: 4.80%
Maturity: April 2067(41 years remaining)
Original Term: 40 years
Holder: Berkadia Commercial Mortgage LLC
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

hud.gov multifamily data

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