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Crest Manor Apartments

FHA Acquisition & Refinance

Endorsed April 29, 2020

FHA #11311385

Deal Details

Location
LEWISVILLE, Texas
Mortgage Amount
$36.7M
Units
312
Program
Acquisition & Refinance
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2020

Current Loan Status

Active
Outstanding Balance
$32.8M($36.7M original)
Interest Rate
2.63%
Maturity
May 2055(29 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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