Datasets › Real estate › FHA apartment and care-home loans
The Gardens of Cedar Rapids
Cedar Rapids, Iowa. An FHA-insured loan: 232 healthcare and senior housing (nursing homes, assisted living, board and care).
- Status
- Active
- Place
- Cedar Rapids, IA, 52404
- Type
- Nursing homes and care facilities
- Program
- 232 healthcare and senior housing (nursing homes, assisted living, board and care)
- Units or beds
- 82
- First endorsed
- Nov 26, 2024
- Original loan
- $10,607,700
- Interest rate
- 5.48%
- Term
- 420 months
- Maturity
- Dec 1, 2059
- Monthly payment
- $56,826
- Balance
- $10,414,125
- Held by
- Cambridge Realty Capital Il, Chicago, IL
- Serviced by
- Cambridge Realty Capital Il, Chicago, IL
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 07422092. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.