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LOFTS OF MERCHANT ROW
FHA Acquisition & Refinance
Endorsed January 31, 2023
FHA #04411550
Deal Details
- Location
- DETROIT, Michigan
- Mortgage Amount
- $21.5M
- Units
- 199
- Program
- Acquisition & Refinance
- Fiscal Year
- FY2023
Current Loan Status
Active- Outstanding Balance
- $20.7M($21.5M original)
- Interest Rate
- 4.72%
- Maturity
- February 2058(32 years remaining)
- Original Term
- 35 years
- Servicer
- Berkadia Commercial Mortgage 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
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