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Erdace Apartments

FHA New Construction & Substantial Rehab

Endorsed December 20, 2017

FHA #06435646

Deal Details

Location: LAKE CHARLES, Louisiana
Mortgage Amount: $35.7M
Units: 270
Program: New Construction & Substantial Rehab
Lender: Greystone
Fiscal Year: FY2018

Current Loan Status

Active

Outstanding Balance: $35.7M
Interest Rate: 3.61%
Maturity: July 2059(33 years remaining)
Original Term: 40 years
Holder: Greystone
Servicer: Greystone

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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