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METRO 19 APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed April 15, 2022

FHA #07135926

Deal Details

Location
ROSELLE, Illinois
Mortgage Amount
$65.9M
Units
295
Program
New Construction & Substantial Rehab
Lender
Merchants Capital Corp.
Fiscal Year
FY2022

Current Loan Status

Active
Outstanding Balance
$64.1M($65.9M original)
Interest Rate
2.50%
Maturity
April 2064(38 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

hud.gov multifamily data

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