Datasets › Real estate › FHA apartment and care-home loans
The Emeralds At Grand Rapids
Grand Rapids, Minnesota. An FHA-insured loan: 232 healthcare and senior housing (nursing homes, assisted living, board and care).
- Status
- Active
- Place
- Grand Rapids, MN, 55744
- Type
- Nursing homes and care facilities
- Program
- 232 healthcare and senior housing (nursing homes, assisted living, board and care)
- Units or beds
- 85
- First endorsed
- Jul 28, 2026
- Original loan
- $7,856,000
- Interest rate
- 5.84%
- Term
- 420 months
- Maturity
- Aug 1, 2061
- Monthly payment
- $43,953
- Balance
- $7,844,531
- Held by
- Newpoint Real Estate Capital L, Plano, TX
- Serviced by
- Newpoint Real Estate Capital L, Plano, TX
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 09222226. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.