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The Ithacan
FHA Acquisition & Refinance
Endorsed May 30, 2024
FHA #01411352
Deal Details
- Location
- ITHACA, New York
- Mortgage Amount
- $57.8M
- Units
- 200
- Program
- Acquisition & Refinance
- Lender
- BRAVO CAPITAL, LLC
- Fiscal Year
- FY2024
Current Loan Status
Active- Outstanding Balance
- $56.1M($57.8M original)
- Interest Rate
- 6.00%
- Maturity
- June 2059(33 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