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THE WATERTOWN APARTMENTS
FHA New Construction & Substantial Rehab
Endorsed July 26, 2021
FHA #07535482
Deal Details
- Location
- WAUWATOSA, Wisconsin
- Mortgage Amount
- $24.0M
- Units
- 147
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2021
Current Loan Status
Active- Outstanding Balance
- $23.5M($24.5M original)
- Interest Rate
- 2.99%
- Maturity
- March 2063(37 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
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