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The Village at Carlsbad

FHA Acquisition & Refinance

Endorsed August 7, 2020

FHA #11611049

Deal Details

Location
CARLSBAD, New Mexico
Mortgage Amount
$21.7M
Units
144
Program
Acquisition & Refinance
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2020

Current Loan Status

Active
Outstanding Balance
$19.4M($21.7M original)
Interest Rate
2.33%
Maturity
September 2055(29 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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