HUD-insured apartment loans in Traverse City, MI
4 properties in Traverse City with 600 units have FHA-insured mortgages, owing $88.9 million in all. The median note rate is 4.115%; the lowest is 2.49% at Village Glen.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Village Glen | 120 | 2.49% | $12.0 million | 2056 |
| Bay Hill Apartments | 72 | 2.98% | $4.3 million | 2052 |
| Bayview of Traverse City | 216 | 5.25% | $44.4 million | 2060 |
| Corners Crossing | 192 | 6.13% | $28.2 million | 2066 |
Most-active servicers here: Greystone Servicing Company Ll (2), Midland States Bank (1), Jll Real Estate Capital, LLC (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 Traverse City?
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.