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59 Evergreen Apartments

FHA New Construction & Substantial Rehab

Endorsed May 20, 2021

FHA #12335579

Deal Details

Location
GLENDALE, Arizona
Mortgage Amount
$18.6M
Units
96
Program
New Construction & Substantial Rehab
Lender
Lument
Fiscal Year
FY2021

Current Loan Status

Active
Outstanding Balance
$17.8M($18.6M original)
Interest Rate
2.95%
Maturity
November 2062(37 years remaining)
Original Term
40 years
Holder
Lument
Servicer
Lument

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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