Status
Active
Place
Gautier, MS, 39533
Type
Apartments
Program
221(d)(4) new construction or substantial rehabilitation
Apartments
144
First endorsed
Dec 17, 2025
Original loan
$23,981,900
Interest rate
5.75%
Term
480 months
Maturity
Oct 1, 2067
Monthly payment
$135,072
Balance
$23,981,900
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 06535762. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.