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CAR BARN APARTMENTS

FHA Acquisition & Refinance

Endorsed May 21, 2020

FHA #02311555

Deal Details

Location
New Bedford, Massachusetts
Mortgage Amount
$22.0M
Units
114
Program
Acquisition & Refinance
Lender
Lument
Fiscal Year
FY2020

Current Loan Status

Active
Outstanding Balance
$19.8M($22.0M original)
Interest Rate
3.12%
Maturity
June 2055(29 years remaining)
Original Term
35 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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