Datasets › Real estate › FHA apartment and care-home loans
Riverside Lofts At Federal City
New Orleans, Louisiana. An FHA-insured loan: 221(d)(4) new construction or substantial rehabilitation.
- Status
- Active
- Place
- New Orleans, LA, 70114
- Type
- Apartments
- Program
- 221(d)(4) new construction or substantial rehabilitation
- Apartments
- 60
- First endorsed
- Jun 27, 2025
- Original loan
- $7,117,200
- Interest rate
- 6.18%
- Term
- 480 months
- Maturity
- Feb 1, 2067
- Monthly payment
- $40,057
- Balance
- $7,117,200
- Held by
- Highland Commercial Mortgage L, Birmingham, AL
- Serviced by
- Highland Commercial Mortgage L, Birmingham, AL
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 06435758. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.