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Commerce Gardens II
FHA Acquisition & Refinance
Endorsed February 9, 2023
FHA #10211123
Deal Details
- Location
- HUTCHINSON, Kansas
- Mortgage Amount
- $4.2M
- Units
- 48
- Program
- Acquisition & Refinance
- Lender
- GERSHMAN INVESTMENT
- Fiscal Year
- FY2023
Current Loan Status
Active- Outstanding Balance
- $4.0M($4.2M original)
- Interest Rate
- 5.85%
- Maturity
- March 2058(32 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
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