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Gladstone Apartments Phase 2

FHA Acquisition & Refinance

Endorsed July 2, 2024

FHA #10511154

Deal Details

Location
WEST JORDAN, Utah
Mortgage Amount
$29.1M
Units
158
Program
Acquisition & Refinance
Lender
Walker & Dunlop LLC
Fiscal Year
FY2024

Current Loan Status

Active
Outstanding Balance
$28.8M($29.1M original)
Interest Rate
5.85%
Maturity
August 2059(33 years remaining)
Original Term
35 years
Holder
Walker & Dunlop LLC
Servicer
Walker & Dunlop 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

hud.gov multifamily data

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