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CONTINENTAL PLAZA

FHA Acquisition & Refinance

Endorsed December 21, 2021

FHA #07111503

Deal Details

Location: CHICAGO, Illinois
Mortgage Amount: $11.7M
Units: 292
Program: Acquisition & Refinance
Lender: Merchants Capital Corp.
Fiscal Year: FY2022
LIHTC: Yes

Current Loan Status

Active

Outstanding Balance: $10.8M($11.7M original)
Interest Rate: 2.65%
Maturity: January 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

hud.gov multifamily data

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