Status
Active
Place
Harrison Township, MI, 48045
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
75
First endorsed
Mar 31, 2026
Original loan
$4,000,000
Interest rate
5.45%
Term
420 months
Maturity
Apr 1, 2061
Monthly payment
$21,350
Balance
$3,980,683
Held by
Grandbridge Real Estate Capita, Charlotte, NC
Serviced by
Grandbridge Real Estate Capita, Charlotte, NC
Financing
Tax-exempt bonds
Tax credits
Includes low-income housing tax credits

The balance is HUD's own amortization-schedule figure, assuming every payment is made on time. It can differ from a servicer's statement. Terminated loans carry no balance. HUD names the current holder and the current servicer of each loan, not the lender that made it. A loan that was sold shows under its buyer, so a company's balance here is what it holds or services today.

HUD project number 04411595. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.