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University Place Apartments

FHA Acquisition & Refinance

Endorsed December 20, 2006

FHA #05311208

Deal Details

Location: Winston Salem, North Carolina
Mortgage Amount: $3.9M
Units: 96
Program: Acquisition & Refinance
Lender: COLLATERAL REAL ESTATE CAPITAL
Fiscal Year: FY2007

Current Loan Status

Active

Outstanding Balance: $2.5M($3.9M original)
Interest Rate: 3.35%
Maturity: January 2042(16 years remaining)
Original Term: 35 years
Holder: Grandbridge Real Estate Capital LLC
Servicer: Grandbridge Real Estate Capital LLC

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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