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LAKESHORE MANOR
FHA New Construction & Substantial Rehab
Endorsed August 19, 2022
FHA #07338020
Deal Details
- Location
- EAST CHICAGO, Indiana
- Mortgage Amount
- $15.5M
- Units
- 206
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2022
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $15.5M
- Interest Rate
- 4.04%
- Maturity
- June 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
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