← Back to FHA deals

East Lake Flats, Phase II

FHA New Construction & Substantial Rehab

Endorsed May 29, 2019

FHA #10335182

Deal Details

Location
LINCOLN, Nebraska
Mortgage Amount
$28.0M
Units
253
Program
New Construction & Substantial Rehab
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2019

Current Loan Status

Active
Outstanding Balance
$26.2M($28.0M original)
Interest Rate
3.17%
Maturity
May 2061(35 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

Related Deals

Other FHA deals in LINCOLN, NE

GERSHMAN INVESTMENTNew Const/Rehab
$31.5M
Northmarq223(f) Purchase/Refi
$21.2M
GERSHMAN INVESTMENTNew Const/Rehab
$22.3M
GERSHMAN INVESTMENT223(f) Purchase/Refi
$13.0M
GERSHMAN INVESTMENTNew Const/Rehab
$37.3M

Other deals by GERSHMAN INVESTMENT

Kapolei, HINew Const/Rehab
$6.6M
Oakville, MO223(f) Purchase/Refi
$47.6M
FAYETTEVILLE, NC223(f) Purchase/Refi
$36.4M
TROY, MI223(f) Purchase/Refi
$39.9M
AUGUSTA, GA223(f) Purchase/Refi
$18.5M