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SPRINGBROOK MEADOWS

FHA Acquisition & Refinance

Endorsed November 29, 2016

FHA #04711214

Deal Details

Location: JACKSON, Michigan
Mortgage Amount: $9.1M
Units: 151
Program: Acquisition & Refinance
Lender: PILLAR CAPITAL FINANCE LLC
Fiscal Year: FY2017

Current Loan Status

Active

Outstanding Balance: $7.5M($9.1M original)
Interest Rate: 3.14%
Maturity: December 2051(26 years remaining)
Original Term: 35 years
Holder: Grandbridge Real Estate Capital LLC
Servicer: Grandbridge Real Estate Capital 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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