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RIVERWALK APARTMENTS PHASE II

FHA New Construction & Substantial Rehab

Endorsed October 17, 2017

FHA #05336265

Deal Details

Location
DENVER, North Carolina
Mortgage Amount
$17.2M
Units
144
Program
New Construction & Substantial Rehab
Lender
Merchants Capital Corp.
Fiscal Year
FY2018

Current Loan Status

Active
Outstanding Balance
$15.5M($16.9M original)
Interest Rate
3.65%
Maturity
August 2059(33 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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