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Prairie Creek

FHA Acquisition & Refinance

Endorsed March 22, 2021

FHA #07411167

Deal Details

Location
PLEASANT HILL, Iowa
Mortgage Amount
$9.1M
Units
90
Program
Acquisition & Refinance
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2021

Current Loan Status

Active
Outstanding Balance
$8.3M($9.1M original)
Interest Rate
2.75%
Maturity
April 2056(30 years remaining)
Original Term
35 years
Holder
GERSHMAN INVESTMENT
Servicer
GERSHMAN INVESTMENT

Source: HUD BF90 Active Insured Mortgages · Data as of February 2026

Data Sources

Endorsement data: HUD FHA Multifamily Firm Commitments and Endorsements Database

Active loan data: HUD BF90 Active Insured Mortgages, as of February 2026

hud.gov multifamily data

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