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RESIDENCES at 150 BAGLEY
FHA New Construction & Substantial Rehab
Endorsed March 10, 2022
FHA #04435715
Deal Details
- Location
- DETROIT, Michigan
- Mortgage Amount
- $42.3M
- Units
- 148
- Lender
- GERSHMAN INVESTMENT
- Fiscal Year
- FY2022
Current Loan Status
Active- Outstanding Balance
- $42.3M
- Interest Rate
- 2.84%
- Maturity
- August 2064(38 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
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