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NEWBRIDGE APARTMENTS
FHA Acquisition & Refinance
Endorsed May 29, 2020
FHA #09211467
Deal Details
- Location
- ROCHESTER, Minnesota
- Mortgage Amount
- $3.6M
- Units
- 41
- Program
- Acquisition & Refinance
- Lender
- GERSHMAN INVESTMENT
- Fiscal Year
- FY2020
Current Loan Status
Active- Outstanding Balance
- $3.2M($3.6M original)
- Interest Rate
- 2.60%
- Maturity
- June 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
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