HUD-insured apartment loans in Ann Arbor, MI
9 properties in Ann Arbor with 1,960 units have FHA-insured mortgages, owing $159.6 million in all. The median note rate is 3.14%; the lowest is 2.25% at Lurie Terrace.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Lurie Terrace | 136 | 2.25% | $4.0 million | 2056 |
| Parc Pointe Apartments | 160 | 2.27% | $18.1 million | 2056 |
| Lakestone Apartments | 144 | 2.44% | $17.4 million | 2055 |
| Cranbrook Senior Tower | 202 | 2.895% | $14.1 million | 2052 |
| Greenbrier Apartments | 500 | 3.14% | $14.5 million | 2048 |
| Pine Valley Apartments | 164 | 3.14% | $4.8 million | 2048 |
| Surrey Park Apts | 166 | 3.24% | $9.2 million | 2052 |
| 618 S Main | 164 | 3.85% | $23.8 million | 2058 |
| The Emerson Apartment Homes | 324 | 5.85% | $53.6 million | 2060 |
Most-active servicers here: Walker and Dunlop LLC (3), Merchants Capital Corp. (1), Midland States Bank (1).
Source: HUD, Insured Multifamily Mortgages, active file, current as of September 30, 2026. Grouped by the city HUD records for each property.
Buying or refinancing in Ann Arbor?
The Janover Capital desk can tell you whether an existing HUD loan can move with the property, and what a new one would size to.