← Back to FHA deals

Park Place by Kading

FHA Acquisition & Refinance

Endorsed October 29, 2024

FHA #07411227

Deal Details

Location
MARSHALLTOWN, Iowa
Mortgage Amount
$8.0M
Units
79
Program
Acquisition & Refinance
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2025

Current Loan Status

Active
Outstanding Balance
$7.9M($8.0M original)
Interest Rate
5.38%
Maturity
November 2059(34 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

Related Deals

Other FHA deals in MARSHALLTOWN, IA

Other deals by GERSHMAN INVESTMENT