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Covington Place Senior Apartments
FHA Acquisition & Refinance
Endorsed February 17, 2022
FHA #12711336
Deal Details
- Location
- COVINGTON, Washington
- Mortgage Amount
- $20.1M
- Units
- 121
- Program
- Acquisition & Refinance
- Lender
- Lument
- Fiscal Year
- FY2022
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $18.7M($20.1M original)
- Interest Rate
- 2.46%
- Maturity
- March 2057(31 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