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Statesman II Apartments
FHA Acquisition & Refinance
Endorsed May 24, 2010
FHA #04211151
Deal Details
- Location
- SHAKER HEIGHTS, Ohio
- Mortgage Amount
- $1.9M
- Units
- 47
- Program
- Acquisition & Refinance
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2010
Current Loan Status
Active- Outstanding Balance
- $1.4M($1.9M original)
- Interest Rate
- 4.25%
- Maturity
- June 2045(19 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
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