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SLATE RUN LOFTS AND APARTMENTS

FHA Acquisition & Refinance

Endorsed September 30, 2020

FHA #07311997

Deal Details

Location
INDIANAPOLIS, Indiana
Mortgage Amount
$8.8M
Units
123
Program
Acquisition & Refinance
Lender
Merchants Capital Corp.
Fiscal Year
FY2020

Current Loan Status

Active
Outstanding Balance
$7.9M($8.8M original)
Interest Rate
2.22%
Maturity
October 2055(30 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

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