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COMMERCE GARDENS
FHA New Construction & Substantial Rehab
Endorsed May 27, 2015
FHA #10235280
Deal Details
- Location
- HUTCHINSON, Kansas
- Mortgage Amount
- $4.4M
- Units
- 95
- Lender
- GERSHMAN INVESTMENT
- Fiscal Year
- FY2015
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $4.2M($4.9M original)
- Interest Rate
- 3.04%
- Maturity
- March 2057(31 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
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