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Covenant Place II

FHA New Construction & Substantial Rehab

Endorsed November 6, 2017

FHA #08535565

Deal Details

Location
Saint Louis, Missouri
Mortgage Amount
$6.7M
Units
102
Program
New Construction & Substantial Rehab
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2018
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$6.1M($6.7M original)
Interest Rate
3.24%
Maturity
August 2059(33 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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