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The Alcove at Benders Landing

FHA New Construction & Substantial Rehab

Endorsed February 10, 2025

FHA #11435847

Deal Details

Location
Spring, Texas
Mortgage Amount
$66.4M
Units
372
Program
New Construction & Substantial Rehab
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2025

Current Loan Status

Active
Outstanding Balance
$66.4M
Interest Rate
6.09%
Maturity
May 2067(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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