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METROPOLITAN APARTMENTS

FHA Acquisition & Refinance

Endorsed October 28, 2014

FHA #04711175

Deal Details

Location
KENTWOOD, Michigan
Mortgage Amount
$630K
Units
18
Program
Acquisition & Refinance
Lender
PILLAR CAPITAL FINANCE LLC
Fiscal Year
FY2015

Current Loan Status

Active
Outstanding Balance
$526K($630K original)
Interest Rate
4.75%
Maturity
November 2049(24 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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