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Progression Place

FHA New Construction & Substantial Rehab

Endorsed June 26, 2012

FHA #00035474

Deal Details

Location: WASHINGTON, District of Columbia
Mortgage Amount: $53.1M
Units: 205
Program: New Construction & Substantial Rehab
Lender: Wells Fargo Multifamily Capital
Fiscal Year: FY2012

Current Loan Status

Active

Outstanding Balance: $45.7M($55.5M original)
Interest Rate: 3.55%
Maturity: September 2053(27 years remaining)
Original Term: 40 years
Holder: Wells Fargo Multifamily Capital
Servicer: Wells Fargo Multifamily Capital

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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