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Borden Place Apartments

FHA Acquisition & Refinance

Endorsed June 17, 2020

FHA #02311558

Deal Details

Location
Fall River, Massachusetts
Mortgage Amount
$36.4M
Units
260
Program
Acquisition & Refinance
Lender
MASSACHUSETTS HFA
Fiscal Year
FY2020

Current Loan Status

Active
Outstanding Balance
$32.6M($36.4M original)
Interest Rate
2.69%
Maturity
July 2055(29 years remaining)
Original Term
35 years
Holder
MASSHOUSING
Servicer
MASSHOUSING

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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