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Louis Joliet Apartments

FHA Acquisition & Refinance

Endorsed September 16, 2015

FHA #07111373

Deal Details

Location: JOLIET, Illinois
Mortgage Amount: $2.4M
Units: 61
Program: Acquisition & Refinance
Lender: GERSHMAN INVESTMENT
Fiscal Year: FY2015
LIHTC: Yes
Tax-Exempt: Yes

Current Loan Status

Active

Outstanding Balance: $1.8M($2.4M original)
Interest Rate: 3.60%
Maturity: October 2050(25 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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