FHA-insured · 542(c) HFA risk-sharing
Architects Housing
215 E Front St, Trenton, NJ 08611 · 123 units
Architects Housing carries a $3.9 million FHA-insured mortgage at a 5.6% note rate, endorsed by HUD on July 23, 2012 and maturing in October 2039. HUD's file put the amortized balance at $2,615,430 as of September 30, 2026, with 13 years 1 month left on the term. The loan is financed with tax-exempt bonds.
34% repaid
Would a refinance lower the payment?
This loan's 5.6% rate is above the 5.54% median on HUD apartment loans endorsed in the 12 months before September 30, 2026. At that median, on the same balance and remaining term, principal and interest would run about $23,000 a month instead of about $24,000: roughly $1,000 a year less, before mortgage insurance, closing costs and any prepayment premium in the note.
This is a risk-sharing loan, which HUD does not allow to use a 223(a)(7). The usual route is a new 223(f) loan, sized on the property's current income.
Own this property?
Send it to the commercial mortgage team at Janover Capital LLC. Say whether you are assuming, refinancing or adding a supplemental loan, and we will give you a preliminary read on what a HUD lender is likely to need. Any terms come from the lender.
Janover Capital LLC is not HUD, FHA or the lender on this loan, and is not affiliated with or endorsed by either. The loan figures on this page come from HUD's public file and are not an offer of credit.
Other HUD-insured loans in Trenton
- Alvin E. Gershen Apartments 161 units · 2.58% · matures 2055
- South Village I & II 335 units · 2.78% · matures 2049
- Cathedral Square Senior Citizen Housing 100 units · 3.43% · matures 2036
- Luther Arms 150 units · 3.64% · matures 2050
- Trent Center West 246 units · 3.75% · matures 2057
- Leonard Builiding 12 units · 5.7% · matures 2044
- Rowan Towers 196 units · 5.83% · matures 2067
Source: HUD, Insured Multifamily Mortgages, active file, current as of September 30, 2026. Street address from HUD's Insured Multifamily Properties map layer. Rates and balances are as HUD reports them; if HUD's file is wrong, this page is too. How we use the data.