Datasets › Real estate › FHA apartment and care-home loans
Midtown City Bridge
Grand Rapids, Michigan. An FHA-insured loan: 223(f) purchase or refinance of apartments.
- Status
- Active
- Place
- Grand Rapids, MI, 49504
- Type
- Apartments
- Program
- 223(f) purchase or refinance of apartments
- Apartments
- 88
- First endorsed
- Apr 29, 2026
- Original loan
- $10,500,000
- Interest rate
- 5.37%
- Term
- 420 months
- Maturity
- May 1, 2061
- Monthly payment
- $55,495
- Balance
- $10,457,078
- Held by
- Gershman Investment Corp, Chesterfield, MO
- Serviced by
- Gershman Investment Corp, Chesterfield, MO
The balance is HUD's own amortization-schedule figure, assuming every payment is made on time. It can differ from a servicer's statement. Terminated loans carry no balance. HUD names the current holder and the current servicer of each loan, not the lender that made it. A loan that was sold shows under its buyer, so a company's balance here is what it holds or services today.
HUD project number 04711333. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.