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Preservation Square IIA

FHA New Construction & Substantial Rehab

Endorsed September 16, 2024

FHA #08535597

Deal Details

Location
ST LOUIS, Missouri
Mortgage Amount
$6.3M
Units
137
Program
New Construction & Substantial Rehab
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2024
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$6.2M($6.3M original)
Interest Rate
5.90%
Maturity
October 2064(39 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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