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ARBOURS AT COCOA LANDING

FHA New Construction & Substantial Rehab

Endorsed September 18, 2024

FHA #06735616

Deal Details

Location
COCOA, Florida
Mortgage Amount
$60.7M
Units
280
Program
New Construction & Substantial Rehab
Lender
Merchants Capital Corp.
Fiscal Year
FY2024

Current Loan Status

Active
Outstanding Balance
$60.7M
Interest Rate
5.92%
Maturity
November 2066(41 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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