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Highbridge at Egret Bay

FHA New Construction & Substantial Rehab

Endorsed January 30, 2020

FHA #11435783

Deal Details

Location
LEAGUE CITY, Texas
Mortgage Amount
$39.9M
Units
254
Program
New Construction & Substantial Rehab
Lender
DAVIS-PENN MTGE
Fiscal Year
FY2020

Current Loan Status

Active
Outstanding Balance
$39.4M($41.3M original)
Interest Rate
3.68%
Maturity
May 2062(36 years remaining)
Original Term
40 years
Holder
DAVIS-PENN MORTGAGE CO
Servicer
DAVIS-PENN MORTGAGE CO

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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