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Ivy Tower
FHA New Construction & Substantial Rehab
Endorsed November 29, 2017
FHA #05135743
Deal Details
- Location
- NEWPORT NEWS, Virginia
- Mortgage Amount
- $15.9M
- Units
- 140
- Lender
- Dwight Capital
- Fiscal Year
- FY2018
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $14.5M($15.9M original)
- Interest Rate
- 3.55%
- Maturity
- April 2059(33 years remaining)
- Original Term
- 40 years
- Holder
- Midland States Bank
- Servicer
- Midland States Bank
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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