← Back to FHA deals
The Terraces Apartments
FHA Acquisition & Refinance
Endorsed March 29, 2022
FHA #07511349
Deal Details
- Location
- BROOKFIELD, Wisconsin
- Mortgage Amount
- $14.4M
- Units
- 134
- Program
- Acquisition & Refinance
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2022
Current Loan Status
Active- Outstanding Balance
- $13.4M($14.4M original)
- Interest Rate
- 2.65%
- Maturity
- April 2057(31 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 BROOKFIELD, WI
Merchants Capital Corp.223(f) Purchase/Refi
$24.1MMerchants Capital Corp.223(f) Purchase/Refi
$15.8MMerchants Capital Corp.223(f) Purchase/Refi
$8.2MFEDERAL NATIONAL MORTGAGERisk Sharing
$3.5MLument223(a)(7) Refi
$8.0M