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City Square 162
FHA New Construction & Substantial Rehab
Endorsed January 13, 2020
FHA #06435684
Deal Details
- Location
- NEW ORLEANS, Louisiana
- Mortgage Amount
- $7.2M
- Units
- 76
- Lender
- GERSHMAN INVESTMENT
- Fiscal Year
- FY2020
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $6.8M($7.2M original)
- Interest Rate
- 3.79%
- Maturity
- September 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
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