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PROXIMITY MATTHEWS

FHA Acquisition & Refinance

Endorsed February 23, 2023

FHA #05311576

Deal Details

Location
MATTHEWS, North Carolina
Mortgage Amount
$48.3M
Units
250
Program
Acquisition & Refinance
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2023

Current Loan Status

Active
Outstanding Balance
$46.6M($48.3M original)
Interest Rate
4.93%
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

hud.gov multifamily data

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