HUD-insured apartment loans in Grand Rapids, MI
29 properties in Grand Rapids with 2,517 units have FHA-insured mortgages, owing $208.3 million in all. The median note rate is 3.07%; the lowest is 2.07% at Grandview Apartments.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Grandview Apartments | 192 | 2.07% | $11.4 million | 2055 |
| 20 Fulton | 65 | 2.35% | $8.7 million | 2056 |
| 240 Ionia | 48 | 2.35% | $2.7 million | 2056 |
| Redwood Grand Rapids Bainbrook Way | 61 | 2.35% | $10.1 million | 2056 |
| Viewpointe Apartments | 138 | 2.45% | $3.6 million | 2044 |
| 834 Lake Dr | 37 | 2.48% | $1.3 million | 2056 |
| Pheasant Ridge Apartments | 166 | 2.48% | $8.8 million | 2055 |
| Regency Park Apartments | 250 | 2.48% | $5.7 million | 2045 |
| Tapestry Square Senior Living | 56 | 2.65% | $4.4 million | 2063 |
| Village at 1300 | 56 | 2.7% | $10.1 million | 2056 |
| 20 Fulton 1 | 23 | 2.75% | $1.3 million | 2056 |
| 20 Fulton 2 | 23 | 2.75% | $1.3 million | 2056 |
| Heritage Place Apartments | 86 | 2.79% | $11.0 million | 2057 |
| 205 South Division Avenue Apartments | 38 | 3.07% | $1.2 million | 2054 |
| 26 Cherry Street Apartments | 45 | 3.07% | $1.3 million | 2054 |
| Stockbridge Apartments | 64 | 3.29% | $3.2 million | 2060 |
| 501 Eastern | 65 | 3.4% | $3.5 million | 2060 |
| Villa Maria Retirement Community | 180 | 3.44% | $4.4 million | 2039 |
| Ransom Towers | 153 | 3.7% | $3.5 million | 2044 |
| Allen Manor | 24 | 4.13% | $649,098 | 2045 |
| Birchgrove Apartments | 19 | 4.2% | $534,268 | 2041 |
| Delaware Manor Apartments | 47 | 4.2% | $1.5 million | 2042 |
| Redwood Cascade Township (white Water Place) | 89 | 4.28% | $13.0 million | 2057 |
| Leonard Pines Apartments | 24 | 4.75% | $886,078 | 2049 |
| Midtown City Bridge | 88 | 5.37% | $10.5 million | 2061 |
| Venue Towers Apartments | 94 | 5.44% | $15.8 million | 2060 |
| Gaylord House Apartments | 28 | 5.56% | $3.1 million | 2060 |
| Studio Park Lofts | 271 | 5.58% | $47.7 million | 2061 |
| Michigan Meadows | 87 | 5.95% | $17.3 million | 2058 |
Most-active servicers here: Gershman Investment Corp (6), Grandbridge Real Estate Capita (5), Lument Real Estate Capital, Ll (5).
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 Grand Rapids?
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.