← Back to FHA deals

RA Preservation I

FHA Acquisition & Refinance

Endorsed September 26, 2019

FHA #07311956

Deal Details

Location
FORT WAYNE, Indiana
Mortgage Amount
$13.4M
Units
224
Program
Acquisition & Refinance
Lender
Merchants Capital Corp.
Fiscal Year
FY2019
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$12.0M($13.4M original)
Interest Rate
3.23%
Maturity
October 2054(29 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 FORT WAYNE, IN

Other deals by Merchants Capital Corp.