← Back to FHA deals
RIVER STONE APARTMENTS I & II
FHA Acquisition & Refinance
Endorsed September 30, 2020
FHA #07311990
Deal Details
- Location
- Columbus, Indiana
- Mortgage Amount
- $40.0M
- Units
- 424
- Program
- Acquisition & Refinance
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2020
Current Loan Status
Active- Outstanding Balance
- $35.6M($40.0M original)
- Interest Rate
- 2.10%
- Maturity
- October 2055(30 years remaining)
- Original Term
- 35 years
- Holder
- Merchants Capital Corp.
- Servicer
- Merchants Capital Corp.
Source: HUD BF90 Active Insured Mortgages · Data as of February 2026
Data Sources
Endorsement data: HUD FHA Multifamily Firm Commitments and Endorsements Database
Active loan data: HUD BF90 Active Insured Mortgages, as of February 2026
Related Deals
Other FHA deals in Columbus, IN
Merchants Capital Corp.223(f) Purchase/Refi
$3.8MMerchants Capital Corp.223(f) Purchase/Refi
$12.0MMerchants Capital Corp.223(f) Purchase/Refi
$2.0MGreystone223(a)(7) Refi
$9.1MMerchants Capital Corp.223(f) Purchase/Refi
$2.8M