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The Foundry at Eddy Street Commons
FHA Acquisition & Refinance
Endorsed December 18, 2012
FHA #07311529
Deal Details
- Location
- SOUTH BEND, Indiana
- Mortgage Amount
- $30.7M
- Units
- 266
- Program
- Acquisition & Refinance
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2013
Current Loan Status
Active- Outstanding Balance
- $22.5M($30.7M original)
- Interest Rate
- 2.75%
- Maturity
- January 2048(22 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
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