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Altoona Apartments

FHA Acquisition & Refinance

Endorsed August 30, 2017

FHA #07411116

Deal Details

Location
ALTOONA, Iowa
Mortgage Amount
$4.9M
Units
68
Program
Acquisition & Refinance
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2017

Current Loan Status

Active
Outstanding Balance
$4.2M($4.9M original)
Interest Rate
3.07%
Maturity
September 2052(26 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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