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Briar Green Apartments

FHA New Construction & Substantial Rehab

Endorsed May 25, 2016

FHA #05336213

Deal Details

Location
DURHAM, North Carolina
Mortgage Amount
$19.9M
Units
200
Program
New Construction & Substantial Rehab
Lender
Merchants Capital Corp.
Fiscal Year
FY2016

Current Loan Status

Active
Outstanding Balance
$17.5M($19.9M original)
Interest Rate
2.50%
Maturity
June 2058(32 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

hud.gov multifamily data

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