← Back to FHA deals
Prairie Gardens
FHA Acquisition & Refinance
Endorsed November 4, 2022
FHA #07411213
Deal Details
- Location
- CEDAR RAPIDS, Iowa
- Mortgage Amount
- $8.8M
- Units
- 48
- Program
- Acquisition & Refinance
- Lender
- GERSHMAN INVESTMENT
- Fiscal Year
- FY2023
Current Loan Status
Active- Outstanding Balance
- $8.5M($8.8M original)
- Interest Rate
- 5.13%
- Maturity
- December 2057(32 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
Related Deals
Other FHA deals in CEDAR RAPIDS, IA
GERSHMAN INVESTMENT223(f) Purchase/Refi
$3.2MLument223(f) Purchase/Refi
$4.0MNorthmarq223(f) Purchase/Refi
$10.2MBWE223(f) Purchase/Refi
$2.3MWells Fargo Multifamily Capital223(f) Purchase/Refi
$1.7M