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ICO Fairbourne Station II

FHA New Construction & Substantial Rehab

Endorsed June 27, 2019

FHA #10535281

Deal Details

Location
WEST VALLEY CITY, Utah
Mortgage Amount
$41.9M
Units
201
Program
New Construction & Substantial Rehab
Lender
KeyBank National Association
Fiscal Year
FY2019

Current Loan Status

Active
Outstanding Balance
$39.9M($41.9M original)
Interest Rate
4.25%
Maturity
July 2061(35 years remaining)
Original Term
40 years
Holder
KeyBank National Association
Servicer
KeyBank National Association

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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