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Riverstone Place Apartments

FHA Acquisition & Refinance

Endorsed May 5, 2017

FHA #12411037

Deal Details

Location
COEUR D'ALENE, Idaho
Mortgage Amount
$8.3M
Units
114
Program
Acquisition & Refinance
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2017
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$7.0M($8.3M original)
Interest Rate
3.35%
Maturity
June 2052(26 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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