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Fairmont Museum District II

FHA Acquisition & Refinance

Endorsed September 27, 2021

FHA #11411525

Deal Details

Location
HOUSTON, Texas
Mortgage Amount
$43.7M
Units
208
Program
Acquisition & Refinance
Lender
DAVIS-PENN MTGE
Fiscal Year
FY2021

Current Loan Status

Active
Outstanding Balance
$39.9M($43.7M original)
Interest Rate
2.20%
Maturity
October 2056(31 years remaining)
Original Term
35 years
Holder
DAVIS-PENN MORTGAGE CO
Servicer
DAVIS-PENN MORTGAGE CO

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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