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Power Center Apartments
FHA New Construction & Substantial Rehab
Endorsed November 6, 2017
FHA #06435640
Deal Details
- Location
- LAKE CHARLES, Louisiana
- Mortgage Amount
- $34.4M
- Units
- 287
- Lender
- GERSHMAN INVESTMENT
- Fiscal Year
- FY2018
Current Loan Status
Active- Outstanding Balance
- $31.6M($34.4M original)
- Interest Rate
- 3.32%
- Maturity
- September 2059(33 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
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