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SOUTH SUMMIT APARTMENTS

FHA Acquisition & Refinance

Endorsed November 1, 2021

FHA #08511227

Deal Details

Location
ST. LOUIS, Missouri
Mortgage Amount
$17.0M
Units
220
Program
Acquisition & Refinance
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2022

Current Loan Status

Active
Outstanding Balance
$15.6M($17.0M original)
Interest Rate
2.19%
Maturity
December 2056(31 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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