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Castelo Apartments

FHA Acquisition & Refinance

Endorsed September 9, 2016

FHA #11511247

Deal Details

Location
McAllen, Texas
Mortgage Amount
$3.7M
Units
72
Program
Acquisition & Refinance
Lender
BERKELY POINT CAPITAL LLC DBA NEWMARK
Fiscal Year
FY2016

Current Loan Status

Active
Outstanding Balance
$3.1M($3.7M original)
Interest Rate
3.14%
Maturity
September 2051(25 years remaining)
Original Term
35 years
Holder
BERKELEY POINT CAPITAL LLC
Servicer
BERKELEY POINT 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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