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LAKE FOREST APARTMENTS

FHA Acquisition & Refinance

Endorsed December 18, 2015

FHA #07511251

Deal Details

Location
OAK CREEK, Wisconsin
Mortgage Amount
$6.0M
Units
127
Program
Acquisition & Refinance
Lender
Merchants Capital Corp.
Fiscal Year
FY2016

Current Loan Status

Active
Outstanding Balance
$4.9M($6.0M original)
Interest Rate
3.40%
Maturity
January 2051(25 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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