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BANYAN CLUB APARTMENTS

FHA Acquisition & Refinance

Endorsed September 22, 2014

FHA #06611165

Deal Details

Location
WEST PALM BEACH, Florida
Mortgage Amount
$7.4M
Units
148
Program
Acquisition & Refinance
Lender
ROCKHALL FUNDING CORP
Fiscal Year
FY2014
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$6.1M($7.4M original)
Interest Rate
4.35%
Maturity
October 2049(24 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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