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Centerpoint Depot

FHA New Construction & Substantial Rehab

Endorsed July 12, 2024

FHA #11536048

Deal Details

Location
SAN MARCOS, Texas
Mortgage Amount
$53.0M
Units
363
Program
New Construction & Substantial Rehab
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2024
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$53.0M
Interest Rate
5.82%
Maturity
November 2066(41 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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