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BRIGGS PARK II

FHA Acquisition & Refinance

Endorsed August 8, 2024

FHA #04411583

Deal Details

Location
TROY, Michigan
Mortgage Amount
$5.6M
Units
22
Program
Acquisition & Refinance
Lender
NORTHPOINT CAPITAL LLC
Fiscal Year
FY2024

Current Loan Status

Active
Outstanding Balance
$5.5M($5.6M original)
Interest Rate
5.49%
Maturity
September 2059(33 years remaining)
Original Term
35 years
Holder
NORTHPOINT CAPITAL LLC
Servicer
NORTHPOINT 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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