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Beech Street Senior Lofts

FHA HFA Risk Sharing (542c)

Endorsed July 1, 2025

FHA #07198105

Deal Details

Location
Island Lake, Illinois
Mortgage Amount
$3.5M
Units
52
Program
HFA Risk Sharing (542c)
Lender
ILLINOIS HDA
Fiscal Year
FY2025
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$3.5M($3.5M original)
Interest Rate
5.95%
Maturity
August 2065(39 years remaining)
Original Term
40 years
Holder
ILLINOIS HOUSING DEVELOPMENT A
Servicer
ILLINOIS HOUSING DEVELOPMENT A

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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