← Back to FHA deals

MADISON MIDTOWN APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed November 26, 2019

FHA #08135292

Deal Details

Location
MEMPHIS, Tennessee
Mortgage Amount
$32.2M
Units
220
Program
New Construction & Substantial Rehab
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2020

Current Loan Status

Active
Outstanding Balance
$29.4M($32.2M original)
Interest Rate
3.45%
Maturity
November 2061(36 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 MEMPHIS, TN

Dwight CapitalNew Const/Rehab
$12.0M
HIGHLAND COMMERCIAL MTGENew Const/Rehab
$27.8M
Berkadia Commercial Mortgage LLCNew Const/Rehab
$11.0M
HIGHLAND COMMERCIAL MTGENew Const/Rehab
$21.9M
Merchants Capital Corp.223(f) Purchase/Refi
$10.7M

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