HUD-insured apartment loans in Niles, MI
5 properties in Niles with 358 units have FHA-insured mortgages, owing $9.3 million in all. The median note rate is 3.98%; the lowest is 3.25% at Berries Woods III.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Berries Woods III | 128 | 3.25% | $4.7 million | 2053 |
| Berrien Woods I | 72 | 3.98% | $1.6 million | 2046 |
| Berrien Woods II | 56 | 3.98% | $1.2 million | 2046 |
| Briar Crest Apartments I | 53 | 3.98% | $900,707 | 2039 |
| Briar Crest Apartments II | 49 | 3.98% | $820,035 | 2039 |
Most-active servicers here: Merchants Capital Corp. (3), Pgim Real Estate Agency Financ (2).
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 Niles?
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.