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Hanover Flats

FHA New Construction & Substantial Rehab

Endorsed March 25, 2022

FHA #10335193

Deal Details

Location
Bennington, Nebraska
Mortgage Amount
$27.6M
Units
205
Program
New Construction & Substantial Rehab
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2022

Current Loan Status

Active
Outstanding Balance
$28.2M($28.9M original)
Interest Rate
2.86%
Maturity
March 2064(38 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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