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Gershman Mortgage Multifamily Recent Projects

Gershman Mortgage specializes in financing for multifamily facilities, skilled nursing homes, assisted living facilities, and hospitals. Gershman Mortgage provides and services all types of financing for new construction, substantial rehabilitation, and mortgage refinancing.

Cedars of Lebanon

Cedars of Lebanon

Location: Lebanon, IL
Type of Facility: Senior Living Apartments
Amount of Financing: $7,482,600
Type of Financing: An FHA insured 223(f) financed with GNMA collateralized mortgage backed securities.

alpha terrace

Alpha Terrace Apartments

Location: St. Louis, MO
Type of Facility: Senior and Handicapped Living Apartments
Amount of Financing: $6,816,916
Type of Financing: An FHA insured 221(d)(4) financed with GNMA collateralized mortgage backed securities.

The Wiggins

The Wiggins Apartments

Location: Champlin, MN
Type of Facility: Assisted Living Apartments
Amount of Financing: $1,482,500
Type of Financing: An FHA insured 223(a)(7) financed with GNMA collateralized mortgage backed securities.

Peppertree apartments

Peppertree Apartments

Location: St. Louis, MO
Type of Facility: Apartments
Amount of Financing: $1,352,875
Type of Financing: An FHA insured 223(a)(7) financed with GNMA collateralized mortgage backed securities.

The Gardens at Jackson Creek

Location: Independence, MO
Type of Facility: Elderly Independent Living Facility
Amount of Financing: $14,220,300
Type of Financing: An FHA insured 231 financed with GNMA collateralized mortgage backed securities.

Gallagher Apartments

Catherine Gallagher Apartments

Location: Jamaica Plain, MA
Type of Facility: Apartments
Amount of Financing: $2,391,900
Type of Financing: An FHA insured 223(f) financed with GNMA collateralized mortgage backed securities.

Orleans

Orleans Landing

Location: Detroit, MI
Type of Facility: Apartments/Mixed Use
Amount of Financing: $39,401,700
Type of Financing: An FHA insured 221(d)(4) financed with GNMA collateralized mortgage backed securities.

commerce-small

Commerce Gardens Apartments

Location: Hutchison, KS
Type of Facility: Apartments
Amount of Financing: $4,432,100
Type of Financing: An FHA insured 221(d)(4) financed with GNMA mortgage backed securities.

Exchange Apts.

Exchange Place Apartments

Location: Witchita, KS
Type of Facility: Apartments/Mixed Use
Amount of Financing: $34,615,700
Type of Financing: An FHA insured 220 financed with GNMA mortgage backed securities.

Morning Star

Morning Star Village

Location: Rockford, IL
Type of Facility: Assisted Living Residence
Amount of Financing: $10,720,000
Type of Financing: An FHA insured 232/223(f) financed with GNMA mortgage backed securities.

Convenant Place

Covenant Place I

Location: St. Louis, MO
Type of Facility: Senior Apartments
Amount of Financing: $5,508,000
Type of Financing: An FHA insured 221(d)(4) financed with GNMA mortgage backed securities.

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Strathmore

Strathmore Apartments

Location:  Detroit, MI
Type of Facility: Apartments/Mixed Use
Amount of Financing: $5,400,000
Type of Financing an FHA insured 221(d)(4) finance with GNMA collateralized mortgage backed securities.

Park Pacific

East Lake Flats Apartments

Location: Lincoln, NE
Type of Facility: Apartments
Amount of Financing: $21,228,100
Type of Financing: an FHA insured loan refinanced under Section 221(d)(4) pursuant to Section 223(a)(7) financed with GNMA collateralized mortgage backed securities.

Kensington Place

Kensington Park Apartments

Location: Springfield, MO
Type of Facility: Apartments
Amount of Financing: $17,311,300
Type of Financing: an FHA insured 223(a)(7) financed with GNMA collateralized mortgage backed securities.

Hanley Crossing

Hanley Crossing Apartments

Location: St. Louis, MO
Type of Facility: Apartments
Amount of Financing: $5,225,000
Type of Financing: an FHA insured 223(a)(7) financed with GNMA collateralized mortgage backed securities.

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