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NORTH PORT APARTMENTS

FHA Acquisition & Refinance

Endorsed February 13, 2025

FHA #04411586

Deal Details

Location
PORT HURON, Michigan
Mortgage Amount
$25.5M
Units
251
Program
Acquisition & Refinance
Lender
Capital One N.A.
Fiscal Year
FY2025
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$25.3M($25.5M original)
Interest Rate
5.39%
Maturity
March 2060(34 years remaining)
Original Term
35 years
Holder
ROSE COMMUNITY CAPITAL
Servicer
ROSE COMMUNITY CAPITAL

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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