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CASEY ACRES APARTMENTS

FHA Acquisition & Refinance

Endorsed July 31, 2017

FHA #07311911

Deal Details

Location: Westfield, Indiana
Mortgage Amount: $18.9M
Units: 252
Program: Acquisition & Refinance
Lender: Merchants Capital Corp.
Fiscal Year: FY2017
LIHTC: Yes
Tax-Exempt: Yes

Current Loan Status

Active

Outstanding Balance: $16.0M($18.9M original)
Interest Rate: 3.18%
Maturity: August 2052(26 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

hud.gov multifamily data

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