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Ovation Senior Living Apartments
FHA New Construction & Substantial Rehab
Endorsed December 19, 2019
FHA #11535846
Deal Details
- Location
- BROWNSVILLE, Texas
- Mortgage Amount
- $5.8M
- Units
- 124
- Lender
- Colliers Mortgage
- Fiscal Year
- FY2020
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $5.5M($5.8M original)
- Interest Rate
- 3.65%
- Maturity
- May 2061(35 years remaining)
- Original Term
- 40 years
- Holder
- Colliers Mortgage
- Servicer
- Colliers Mortgage
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
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