← Back to FHA deals

Valley View Apartments

FHA Acquisition & Refinance

Endorsed March 14, 2022

FHA #07211192

Deal Details

Location
MOLINE, Illinois
Mortgage Amount
$11.9M
Units
192
Program
Acquisition & Refinance
Lender
Merchants Capital Corp.
Fiscal Year
FY2022
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$11.0M($11.9M original)
Interest Rate
2.00%
Maturity
April 2057(31 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

hud.gov multifamily data

Related Deals

Other FHA deals in MOLINE, IL

Dwight Capital223(f) Purchase/Refi
$6.1M
Dwight Capital223(f) Purchase/Refi
$5.5M
ILLINOIS HDARisk Sharing
$1.3M
Berkadia Commercial Mortgage LLC223(a)(7) Refi
$2.6M
FEDERAL NATIONAL MORTGAGERisk Sharing
$5.8M

Other deals by Merchants Capital Corp.

HOLLAND, MI223(f) Purchase/Refi
$61.9M
EVANSTON, IL223(f) Purchase/Refi
$6.4M
North Grafton, MA223(f) Purchase/Refi
$9.2M
Defuniak Springs, FLNew Const/Rehab
$5.5M
SAN ANTONIO, TXNew Const/Rehab
$47.8M