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Flats on Shady Lane

FHA New Construction & Substantial Rehab

Endorsed December 18, 2024

FHA #11536040

Deal Details

Location
AUSTIN, Texas
Mortgage Amount
$54.9M
Units
290
Program
New Construction & Substantial Rehab
Lender
MASON JOSEPH COMPANY INC
Fiscal Year
FY2025

Current Loan Status

Active
Outstanding Balance
$54.9M
Interest Rate
5.55%
Maturity
April 2067(41 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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