← Back to FHA deals
CEDAR GLEN APARTMENTS
FHA Acquisition & Refinance
Endorsed July 31, 2020
FHA #07311980
Deal Details
- Location
- SOUTH BEND, Indiana
- Mortgage Amount
- $8.5M
- Units
- 179
- Program
- Acquisition & Refinance
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2020
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $7.6M($8.5M original)
- Interest Rate
- 2.34%
- Maturity
- August 2055(29 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
Related Deals
Other FHA deals in SOUTH BEND, IN
Berkadia Commercial Mortgage LLC223(f) Purchase/Refi
$13.4MWalker & Dunlop LLC223(f) Purchase/Refi
$24.9MMerchants Capital Corp.223(f) Purchase/Refi
$10.6MWalker & Dunlop LLC223(f) Purchase/Refi
$6.9MBerkadia Commercial Mortgage LLC223(f) Purchase/Refi
$13.0M