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STRATHMORE APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed December 16, 2014

FHA #04435665

Deal Details

Location
Deroit, Michigan
Mortgage Amount
$5.4M
Units
129
Program
New Construction & Substantial Rehab
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2015
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$4.7M($5.4M original)
Interest Rate
3.05%
Maturity
August 2056(30 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

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