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Aster Village II

FHA Acquisition & Refinance

Endorsed October 27, 2025

FHA #07411231

Deal Details

Location
TIFFIN, Iowa
Mortgage Amount
$20.6M
Units
144
Program
Acquisition & Refinance
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2026

Current Loan Status

Active
Outstanding Balance
$20.5M($20.6M original)
Interest Rate
5.45%
Maturity
November 2060(35 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

hud.gov multifamily data

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