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Recent Projects

Our loan programs are available in all 50 states.  Here's a sampling of the projects we've financed recently.

 

 

COUNCIL TOWER SENIOR APARTMENTS

Loan Amount: $15,862,700
Location: St. Louis, MO
Type of Facility: Sub-Rehab 
Type of Financing: an FHA insured 220 financed with GNMA collateralized mortgage backed securities
 

 

 
    

Park Pacific

Loan Amount: $63,131,600
Location: St. Louis, MO
Type of Facility: Sub-Rehab Multifamily Apartments
Type of Financing: an FHA insured 220 financed with GNMA collateralized mortgage backed securities
 

 

 
 

The Laurel

Loan Amount: $44,954,000
Location: St. Louis, MO
Type of Facility: Sub-Rehab Multifamily Apartments
Type of Financing: an FHA insured 220 financed with GNMA collateralized mortgage backed securities
 

 

 
 

The Bridge at Garden Plaza

Loan Amount: $17,865,000
Location: Florissant, MO
Type of Facility:  Assisted Living Facility
Type of Financing: FHA insured 232 financed with GNMA
collateralized mortgage backed securities
 

 

 
 

Hawthorne Suites Apartments

Loan Amount: $7,820,000
Location: Springfield, MO
Type of Facility:  Multifamily Apartments
Type of Financing: FHA insured 207/223(f) financed with GNMA collateralized mortgage backed securities
 

 

 
 

Paul Brown Lofts

Loan Amount: $16,339,130
Location: St. Louis, MO
Type of Facility:  Modification of Multifamily Apartments
Type of Financing: FHA insured 220 financed with GNMA
collateralized mortgage backed securities
 

 

 
 

Eleven Ten Lofts

Loan Amount: $9,688,700
Location: St. Louis, MO
Type of Facility:  Multifamily Apartments
Type of Financing: FHA insured 223(a)(7) financed with GNMA collateralized mortgage backed securities
 

 

 
 

1001 Apartments

Loan Amount: $4,505,000
Location: Omaha, NE
Type of Facility:  Multifamily Apartments
Type of Financing: FHA insured 207/223(f) financed with GNMA collateralized mortgage backed securities
 

 

 
 

the Gatesworth at One McKNight Place

Loan Amount: $60,000,000
Location: St. Louis, MO
Type of Facility: Independent Living Facility
Type of Financing: Conventional
 

 

 
 

Cedars at the JCA

Loan Amount: $55,000,000
Location: St. Louis, MO
Type of Facility: Skilled Nursing Facility
Type of Financing: Revenue Bonds GNMA Collateralized
 

 

 
 

Lofts at the Highlands

Loan Amount: $32,123,600
Location: St. Louis, MO
Type of Facility: Loft Apartment Complex
Type of Financing: FHA Insured GNMA Mortgage
Backed Securities
 

 

 
 

Westpark Apartments

Loan Amount: $8,342,300
Location: West St. Louis County, MO
Type of Facility: Apartment Complex
Type of Financing: FHA Insured GNMA Collateralized

 
 

Commercial

Gershman Mortgage has provided financing for commercial multi-family projects nationwide for nearly 60 years.  We specialize in providing all types of financing for apartments, nursing homes, assisted living facilities and hospitals.

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History

Founded nearly 60 years, ago, Gershman Mortgage has established a reputation for unsurpassed service and expertise.  Gershman is the oldest independent mortgage company in St. Louis and has grown into one of the largest in Missouri. 

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Gershman Mortgage is a Missouri, Illinois, and Iowa Residential Mortgage Licensee. http://www.bankrate.com/rss/Bankrate_TodaysStories_brm_rss.xml blog