Status
Active
Place
Richland, MS, 39218
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
184
First endorsed
Sep 30, 2026
Original loan
$20,337,000
Interest rate
5.85%
Term
420 months
Maturity
Oct 1, 2061
Monthly payment
$113,918
Balance
$20,337,000
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 06511176. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.