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South Beach Apartments
FHA Acquisition & Refinance
Endorsed August 26, 2020
FHA #05111426
Deal Details
- Location
- VIRGINIA BEACH, Virginia
- Mortgage Amount
- $31.7M
- Units
- 211
- Program
- Acquisition & Refinance
- Fiscal Year
- FY2020
Current Loan Status
Active- Outstanding Balance
- $28.4M($31.7M original)
- Interest Rate
- 2.55%
- Maturity
- September 2055(29 years remaining)
- Original Term
- 35 years
- Servicer
- Berkadia Commercial Mortgage 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
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