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Ingersoll Square Phase III

FHA Acquisition & Refinance

Endorsed October 31, 2018

FHA #07411120

Deal Details

Location
DES MOINES, Iowa
Mortgage Amount
$6.0M
Units
47
Program
Acquisition & Refinance
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2019

Current Loan Status

Active
Outstanding Balance
$5.2M($6.0M original)
Interest Rate
3.30%
Maturity
November 2053(28 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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