HUD-insured apartment loans in East Cleveland, OH
5 properties in East Cleveland with 996 units have FHA-insured mortgages, owing $54.3 million in all. The median note rate is 2.9%; the lowest is 2.35% at Foresthill Terrace.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Foresthill Terrace | 420 | 2.35% | $28.0 million | 2055 |
| Owls Nest Apartments | 260 | 2.45% | $17.9 million | 2055 |
| Helen S. Brown Tower | 64 | 2.9% | $3.6 million | 2054 |
| Terrace Towers Apartments | 231 | 3% | $4.6 million | 2054 |
| Covington Gardens | 21 | 3.75% | $295,874 | 2042 |
Most-active servicers here: Greystone Servicing Company Ll (2), Bellwether Enterprise Real Est (2), Merchants Capital Corp. (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 East Cleveland?
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.