Status
Active
Place
Grand Rapids, MI, 49503
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
271
First endorsed
Mar 26, 2026
Original loan
$47,933,800
Interest rate
5.58%
Term
420 months
Maturity
Apr 1, 2061
Monthly payment
$276,192
Balance
$47,610,262
Held by
Harper Capital Partners, LLC, Englewood Cliffs, NJ
Serviced by
Harper Capital Partners, LLC, Englewood Cliffs, NJ

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 04711335. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.