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RIVER GLEN APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed February 21, 2019

FHA #06135899

Deal Details

Location: AUGUSTA, Georgia
Mortgage Amount: $12.8M
Units: 192
Program: New Construction & Substantial Rehab
Lender: SUNTRUST BANK
Fiscal Year: FY2019
LIHTC: Yes
Tax-Exempt: Yes

Current Loan Status

Active

Outstanding Balance: $12.1M($12.8M original)
Interest Rate: 4.78%
Maturity: June 2060(34 years remaining)
Original Term: 40 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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