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APPLEWOOD APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed May 6, 2021

FHA #10235287

Deal Details

Location
PAOLA, Kansas
Mortgage Amount
$4.1M
Units
48
Program
New Construction & Substantial Rehab
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2021

Current Loan Status

Active
Outstanding Balance
$3.9M($4.1M original)
Interest Rate
3.13%
Maturity
October 2062(37 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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