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Delmar Divine Apartments
FHA New Construction & Substantial Rehab
Endorsed December 17, 2020
FHA #08535585
Deal Details
- Location
- ST. LOUIS, Missouri
- Mortgage Amount
- $21.7M
- Units
- 150
- Lender
- GERSHMAN INVESTMENT
- Fiscal Year
- FY2021
Current Loan Status
Active- Outstanding Balance
- $20.5M($21.7M original)
- Interest Rate
- 3.00%
- Maturity
- December 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
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