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Sunrise Pointe
FHA Acquisition & Refinance
Endorsed November 21, 2024
FHA #07411228
Deal Details
- Location
- STORM LAKE, Iowa
- Mortgage Amount
- $15.9M
- Units
- 170
- Program
- Acquisition & Refinance
- Lender
- GERSHMAN INVESTMENT
- Fiscal Year
- FY2025
Current Loan Status
Active- Outstanding Balance
- $15.5M($15.9M original)
- Interest Rate
- 5.25%
- Maturity
- December 2059(34 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
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