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COLLEGE PARK TOWERS

FHA Acquisition & Refinance

Endorsed November 30, 2021

FHA #06611269

Deal Details

Location
MIAMI, Florida
Mortgage Amount
$43.5M
Units
210
Program
Acquisition & Refinance
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2022
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$40.0M($43.5M original)
Interest Rate
2.36%
Maturity
December 2056(31 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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