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ORLEANS LANDING

FHA New Construction & Substantial Rehab

Endorsed August 19, 2015

FHA #04435660

Deal Details

Location
DETROIT, Michigan
Mortgage Amount
$39.4M
Units
278
Program
New Construction & Substantial Rehab
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2015

Current Loan Status

Active
Outstanding Balance
$32.4M($39.4M original)
Interest Rate
3.79%
Maturity
September 2057(31 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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