PINEHURST APTS AMERICAN PREFERRED

Db Date 06/30/2023
Estimated Property Exit Date 03/15/2044
State MI
Name PINEHURST APTS AMERICAN PREFERRED
Address
Address 2
Address 3
City FARWELL
Zip Code 48622
Total Units 24
Rental Type Elderly
Section 515 Rural Housing
Revitalization No
Tax Credit Y
Borrower Profit Type
Management Name AMERICAN PREFERRED MANAGEMENT CO
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 0
Vacant Units 0
Rental Assistance Units 22
Year Restrictive Clause Expires 2044
Borrower Name PINEHURST L.P.
Borrower Type Limited Partnership
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State GRAND RAPIDS, MI
Data As-of Date
Fy Of Loan Obligation 1993
Interest Rate At Loan Closing % 6.5
Loan Amt
Balloon? FALSE
Remaining Term Days 7548
Orig Loan Term 50
Prepay Eligible
Prepay Eligible Date Yr 2044
Loan Payoff Year 2044
Estimated Property Exit Year 2044
Project Number
Project Id 01
Project Check Digit 1
Latitude 43.839401
Longitude -84.87178
Borrower Id 319196918
Date Of Operation 03/15/1994
Tax Credit Expires 05/01/2010
Property Key
State County Fips Code