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Courtyard Village West Apartments

FHA Acquisition & Refinance

Endorsed November 18, 2016

FHA #07111396

Deal Details

Location
North Aurora, Illinois
Mortgage Amount
$11.5M
Units
216
Program
Acquisition & Refinance
Lender
Merchants Capital Corp.
Fiscal Year
FY2017

Current Loan Status

Active
Outstanding Balance
$9.5M($11.5M original)
Interest Rate
2.90%
Maturity
December 2051(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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