Status
Active
Place
Cedar Rapids, IA, 52411
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
100
First endorsed
Jun 17, 2026
Original loan
$14,100,000
Interest rate
5.09%
Term
420 months
Maturity
Jul 1, 2061
Monthly payment
$71,972
Balance
$14,063,350
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 07411238. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.