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Water's Edge Apartments
FHA Acquisition & Refinance
Endorsed November 30, 2016
FHA #07111401
Deal Details
- Location
- LAKE VILLA, Illinois
- Mortgage Amount
- $9.5M
- Units
- 108
- Program
- Acquisition & Refinance
- Fiscal Year
- FY2017
Current Loan Status
Active- Outstanding Balance
- $7.9M($9.5M original)
- Interest Rate
- 2.95%
- Maturity
- December 2051(26 years remaining)
- Original Term
- 35 years
- 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