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Olde Farm Apartments

FHA Acquisition & Refinance

Endorsed February 18, 2016

FHA #04711203

Deal Details

Location
EAST LANSING, Michigan
Mortgage Amount
$3.0M
Units
83
Program
Acquisition & Refinance
Lender
PILLAR CAPITAL FINANCE LLC
Fiscal Year
FY2016

Current Loan Status

Active
Outstanding Balance
$2.5M($3.0M original)
Interest Rate
3.68%
Maturity
March 2051(25 years remaining)
Original Term
35 years
Holder
Grandbridge Real Estate Capital LLC
Servicer
Grandbridge Real Estate 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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