FHA-insured · 542(c) HFA risk-sharing
Stonegate Apts
4401 Renaissance Dr, San Jose, CA 95134 · 120 units
Stonegate Apts carries a $10.2 million FHA-insured mortgage at a 6.75% note rate, endorsed by HUD on February 28, 2000 and maturing in March 2030. HUD's file put the amortized balance at $2,474,660 as of September 30, 2026, with 3 years 6 months left on the term.
76% repaid
Would a refinance lower the payment?
This loan's 6.75% 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 $65,000 a month instead of about $66,000: roughly $16,000 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 San Jose
- Huff Gardens 72 units · 2.65% · matures 2041
- Jeanne D'arc Manor 87 units · 2.75% · matures 2044
- San Jose Gardens 176 units · 3.3% · matures 2035
- Parkview Family Apartments 90 units · 3.67% · matures 2049
- Parkview Senior Apartments 140 units · 3.67% · matures 2049
- Terramina Square Apartments 157 units · 3.68% · matures 2054
- Casa Del Pueblo 165 units · 3.75% · matures 2057
- Vivvente 2 Apartments 29 units · 3.85% · matures 2052
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.