← Back to FHA deals
Riverbend Apartments Phase I
FHA Acquisition & Refinance
Endorsed April 12, 2019
FHA #10311086
Deal Details
- Location
- GRAND ISLAND, Nebraska
- Mortgage Amount
- $6.4M
- Units
- 160
- Program
- Acquisition & Refinance
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2019
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $5.7M($6.4M original)
- Interest Rate
- 3.98%
- Maturity
- May 2054(28 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
Related Deals
Other FHA deals in GRAND ISLAND, NE
Colliers Mortgage223(f) Purchase/Refi
$3.2MLancaster Pollard223(f) Purchase/Refi
$2.0MLancaster Pollard223(f) Purchase/Refi
$1.7MDwight Capital223(a)(7) Refi
$1.2MWells Fargo Multifamily Capital223(a)(7) Refi
$345K