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Rio Manor Apartments

FHA New Construction & Substantial Rehab

Endorsed December 12, 2023

FHA #11536013

Deal Details

Location: DEL RIO, Texas
Mortgage Amount: $3.5M
Units: 60
Program: New Construction & Substantial Rehab
Lender: Wells Fargo Multifamily Capital
Fiscal Year: FY2024
LIHTC: Yes

Current Loan Status

Active

Outstanding Balance: $3.5M
Interest Rate: 7.07%
Maturity: August 2065(39 years remaining)
Original Term: 40 years
Holder: Wells Fargo Multifamily Capital
Servicer: Wells Fargo Multifamily Capital

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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