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HERITAGE PLACE APARTMENTS
FHA Acquisition & Refinance
Endorsed February 16, 2022
FHA #04711300
Deal Details
- Location
- GRAND RAPIDS, Michigan
- Mortgage Amount
- $12.0M
- Units
- 86
- Program
- Acquisition & Refinance
- Lender
- Arbor Realty Trust
- Fiscal Year
- FY2022
Current Loan Status
Active- Outstanding Balance
- $11.2M($12.0M original)
- Interest Rate
- 2.79%
- Maturity
- March 2057(31 years remaining)
- Original Term
- 35 years
- Holder
- Arbor Realty Trust
- Servicer
- Arbor Realty Trust
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
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