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Foundry Lofts
FHA Acquisition & Refinance
Endorsed December 20, 2016
FHA #00011257
Deal Details
- Location
- WASHINGTON, District of Columbia
- Mortgage Amount
- $48.7M
- Units
- 170
- Program
- Acquisition & Refinance
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2017
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $40.5M($48.7M original)
- Interest Rate
- 3.03%
- Maturity
- January 2052(26 years remaining)
- Original Term
- 35 years
- Servicer
- KeyBank National Association
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
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