Status
Active
Place
St. Louis, MO, 63106
Type
Apartments
Program
221(d)(4) new construction or substantial rehabilitation
Apartments
85
First endorsed
Dec 12, 2024
Original loan
$4,600,000
Interest rate
5.44%
Term
480 months
Maturity
Jan 1, 2065
Monthly payment
$23,538
Balance
$4,540,993
Held by
Gershman Investment Corp, Chesterfield, MO
Serviced by
Gershman Investment Corp, Chesterfield, MO
Tax credits
Includes low-income housing tax credits

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 08535598. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.