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COUNCIL TOWERS SENIOR APARTMENT HOMES

FHA New Construction & Substantial Rehab

Endorsed June 4, 2020

FHA #06635353

Deal Details

Location: MIAMI BEACH, Florida
Mortgage Amount: $30.0M
Units: 250
Program: New Construction & Substantial Rehab
Lender: Greystone
Fiscal Year: FY2020
LIHTC: Yes
Tax-Exempt: Yes

Current Loan Status

Active

Outstanding Balance: $28.5M($30.0M original)
Interest Rate: 3.23%
Maturity: April 2062(36 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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