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Pine Homes Apartments
FHA Acquisition & Refinance
Endorsed December 15, 2020
FHA #02311576
Deal Details
- Location
- Brockton, Massachusetts
- Mortgage Amount
- $11.4M
- Units
- 114
- Program
- Acquisition & Refinance
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2021
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $10.2M($11.4M original)
- Interest Rate
- 2.20%
- Maturity
- January 2056(30 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
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