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Pheasant Ridge Apartments
FHA Acquisition & Refinance
Endorsed August 20, 2020
FHA #04711252
Deal Details
- Location
- GRAND RAPIDS, Michigan
- Mortgage Amount
- $10.0M
- Units
- 166
- Program
- Acquisition & Refinance
- Lender
- PGIM Real Estate
- Fiscal Year
- FY2020
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $8.9M($10.0M original)
- Interest Rate
- 2.48%
- Maturity
- September 2055(29 years remaining)
- Original Term
- 35 years
- Holder
- PGIM Real Estate
- Servicer
- PGIM Real Estate
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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