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Heights on Parmer (FKA Parmer Place)

FHA New Construction & Substantial Rehab

Endorsed March 5, 2015

FHA #11535683

Deal Details

Location
AUSTIN, Texas
Mortgage Amount
$26.8M
Units
252
Program
New Construction & Substantial Rehab
Lender
Merchants Capital Corp.
Fiscal Year
FY2015
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$23.9M($26.8M original)
Interest Rate
4.00%
Maturity
March 2057(31 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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