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CARVILLE PARK APARTMENTS
FHA New Construction & Substantial Rehab
Endorsed December 11, 2024
FHA #12535218
Deal Details
- Location
- RENO, Nevada
- Mortgage Amount
- $21.3M
- Units
- 208
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2025
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $21.3M
- Interest Rate
- 5.30%
- Maturity
- December 2066(41 years remaining)
- Original Term
- 40 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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