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Ashley Estates

FHA New Construction & Substantial Rehab

Endorsed August 13, 2014

FHA #10135736

Deal Details

Location
LOVELAND, Colorado
Mortgage Amount
$28.2M
Units
224
Program
New Construction & Substantial Rehab
Lender
Merchants Capital Corp.
Fiscal Year
FY2014
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$23.8M($28.2M original)
Interest Rate
2.65%
Maturity
May 2056(30 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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