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Laurel Park Apartments

FHA Acquisition & Refinance

Endorsed October 31, 2017

FHA #08511197

Deal Details

Location
ST LOUIS, Missouri
Mortgage Amount
$12.4M
Units
352
Program
Acquisition & Refinance
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2018
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$10.5M($12.4M original)
Interest Rate
2.75%
Maturity
November 2052(27 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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