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Ingersoll Square Lofts

FHA Acquisition & Refinance

Endorsed March 28, 2016

FHA #07411099

Deal Details

Location
DES MOINES, Iowa
Mortgage Amount
$18.7M
Units
133
Program
Acquisition & Refinance
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2016

Current Loan Status

Active
Outstanding Balance
$14.9M($18.7M original)
Interest Rate
3.25%
Maturity
April 2051(25 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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