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Summit Rose Apts

FHA Acquisition & Refinance

Endorsed July 30, 2015

FHA #12911093

Deal Details

Location: ESCONDIDO, California
Mortgage Amount: $8.9M
Units: 91
Program: Acquisition & Refinance
Lender: PILLAR CAPITAL FINANCE LLC
Fiscal Year: FY2015
LIHTC: Yes
Tax-Exempt: Yes

Current Loan Status

Active

Outstanding Balance: $7.1M($8.9M original)
Interest Rate: 2.82%
Maturity: August 2050(24 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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