← Back to FHA deals

SoSA at Palo Alto

FHA New Construction & Substantial Rehab

Endorsed May 11, 2022

FHA #11535970

Deal Details

Location
SAN ANTONIO, Texas
Mortgage Amount
$41.7M
Units
336
Program
New Construction & Substantial Rehab
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2022
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$41.7M
Interest Rate
4.30%
Maturity
May 2064(38 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

Related Deals

Other FHA deals in SAN ANTONIO, TX

MASON JOSEPH COMPANY INCNew Const/Rehab
$44.5M
Merchants Capital Corp.New Const/Rehab
$47.8M
LumentNew Const/Rehab
$46.4M
Lument223(f) Purchase/Refi
$2.0M
X-Caliber Capital223(f) Purchase/Refi
$1.4M

Other deals by GERSHMAN INVESTMENT

Kapolei, HINew Const/Rehab
$6.6M
Oakville, MO223(f) Purchase/Refi
$47.6M
FAYETTEVILLE, NC223(f) Purchase/Refi
$36.4M
TROY, MI223(f) Purchase/Refi
$39.9M
AUGUSTA, GA223(f) Purchase/Refi
$18.5M