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Park Shore East Cooperative

FHA Acquisition & Refinance

Endorsed July 24, 2020

FHA #07111475

Deal Details

Location: CHICAGO, Illinois
Mortgage Amount: $9.5M
Units: 147
Program: Acquisition & Refinance
Lender: Merchants Capital Corp.
Fiscal Year: FY2020

Current Loan Status

Active

Outstanding Balance: $8.5M($9.5M original)
Interest Rate: 2.61%
Maturity: August 2055(29 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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