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Lesley Tower

FHA Acquisition & Refinance

Endorsed October 9, 2020

FHA #12111259

Deal Details

Location
SAN MATEO, California
Mortgage Amount
$58.0M
Units
197
Program
Acquisition & Refinance
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2021

Current Loan Status

Active
Outstanding Balance
$52.1M($58.0M original)
Interest Rate
2.40%
Maturity
November 2055(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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