Status
Active
Place
Bismarck, ND, 58501
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
52
First endorsed
Aug 31, 2026
Original loan
$8,720,000
Interest rate
5.71%
Term
420 months
Maturity
Sep 1, 2061
Monthly payment
$48,034
Balance
$8,713,459
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 09411037. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.