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Altair at Clear Creek

FHA New Construction & Substantial Rehab

Endorsed October 2, 2025

FHA #11336100

Deal Details

Location
Kileen, Texas
Mortgage Amount
$30.6M
Units
182
Program
New Construction & Substantial Rehab
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2026

Current Loan Status

Active
Outstanding Balance
$30.6M
Interest Rate
5.85%
Maturity
September 2067(41 years remaining)
Original Term
40 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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