← Back to FHA deals
NORTH RIVER LANDING APARTMENTS
FHA Acquisition & Refinance
Endorsed November 30, 2021
FHA #07211257
Deal Details
- Location
- ELKHART, Indiana
- Mortgage Amount
- $13.3M
- Units
- 176
- Program
- Acquisition & Refinance
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2022
Current Loan Status
Active- Outstanding Balance
- $12.2M($13.3M original)
- Interest Rate
- 2.30%
- Maturity
- December 2056(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 ELKHART, IN
Berkadia Commercial Mortgage LLC223(f) Purchase/Refi
$4.2MCENTENNIAL MORTGAGE223(f) Purchase/Refi
$19.8MMerchants Capital Corp.223(f) Purchase/Refi
$10.7MMerchants Capital Corp.223(f) Purchase/Refi
$9.4MMerchants Capital Corp.223(f) Purchase/Refi
$6.9M