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Dakota 303
FHA Acquisition & Refinance
Endorsed December 16, 2022
FHA #09111043
Deal Details
- Location
- Dakota Dunes, South Dakota
- Mortgage Amount
- $5.0M
- Units
- 50
- Program
- Acquisition & Refinance
- Lender
- GERSHMAN INVESTMENT
- Fiscal Year
- FY2023
Current Loan Status
Active- Outstanding Balance
- $4.8M($5.0M original)
- Interest Rate
- 5.25%
- Maturity
- January 2058(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