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Northlake Apartments

FHA New Construction & Substantial Rehab

Endorsed December 19, 2018

FHA #05336294

Deal Details

Location
CHARLOTTE, North Carolina
Mortgage Amount
$40.0M
Units
271
Program
New Construction & Substantial Rehab
Lender
HIGHLAND COMMERCIAL MTGE
Fiscal Year
FY2019

Current Loan Status

Active
Outstanding Balance
$38.0M($40.0M original)
Interest Rate
4.54%
Maturity
January 2061(35 years remaining)
Original Term
40 years
Holder
HIGHLAND MORTGAGE
Servicer
HIGHLAND 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

hud.gov multifamily data

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