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The Groves at Mile Branch Apartments
FHA Acquisition & Refinance
Endorsed July 29, 2016
FHA #06411161
Deal Details
- Location
- COVINGTON, Louisiana
- Mortgage Amount
- $1.3M
- Units
- 94
- Program
- Acquisition & Refinance
- Lender
- Colliers Mortgage
- Fiscal Year
- FY2016
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $997K($1.3M original)
- Interest Rate
- 3.20%
- Maturity
- May 2045(19 years remaining)
- Original Term
- 28 years, 9 months
- Holder
- Colliers Mortgage
- Servicer
- Colliers Mortgage
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
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