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VILLA SERENA

FHA New Construction & Substantial Rehab

Endorsed June 4, 2015

FHA #04235693

Deal Details

Location
MAYFIELD HEIGHTS, Ohio
Mortgage Amount
$9.7M
Units
242
Program
New Construction & Substantial Rehab
Lender
ROSE COMMUNITY CAPITAL
Fiscal Year
FY2015
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$8.3M($9.7M original)
Interest Rate
2.60%
Maturity
September 2056(30 years remaining)
Original Term
40 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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