FHA-insured · 231 housing for the elderly

The Blake at Bent Tree

Dallas, TX 75287 · 200 units

The Blake at Bent Tree carries a $48.3 million FHA-insured mortgage at a 6.34% note rate, endorsed by HUD on July 31, 2024 and maturing in September 2066. HUD's file put the amortized balance at $48,335,700 as of September 30, 2026, with 40 years left on the term.

Note rate
6.34%
Balance, September 2026
$48,335,700
Monthly principal and interest
$277,493
Matures
September 2066
Original amount
$48,335,700
Original amount per unit
$241,679
Term
480 months (40 years)
First payment
October 1, 2026
Initial endorsement
July 31, 2024
HUD program (as filed)
231 Elderly Housing (QER)
FHA project number
11338016
Mortgage holder
Berkadia Commercial Mortgage L
Servicer
Berkadia Commercial Mortgage L

Would a 223(a)(7) refinance lower the payment?

This loan's 6.34% 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 $251,000 a month instead of about $277,000: roughly $323,000 a year less, before mortgage insurance, closing costs and any prepayment premium in the note.

A 223(a)(7) is HUD's streamlined refinance of a loan it already insures. No cash out, and the new loan can't exceed this loan's original amount. Run this property through the 223(a)(7) estimator with your own rate, term and costs.

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.

The deal
You

Goes to the commercial mortgage desk at Janover Capital LLC, not to HUD. Prefer email? hello@hudmultifamily.loan

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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.