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Poppy

FHA New Construction & Substantial Rehab

Endorsed May 13, 2025

FHA #05135883

Deal Details

Location
RICHMOND, Virginia
Mortgage Amount
$47.7M
Units
220
Program
New Construction & Substantial Rehab
Lender
Berkadia Commercial Mortgage LLC
Fiscal Year
FY2025

Current Loan Status

Active
Outstanding Balance
$47.7M
Interest Rate
5.53%
Maturity
September 2067(41 years remaining)
Original Term
40 years
Holder
Berkadia Commercial Mortgage LLC
Servicer
Berkadia Commercial Mortgage 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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