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GRANITE POINTE APARTMENTS

FHA Acquisition & Refinance

Endorsed May 2, 2024

FHA #12111332

Deal Details

Location
OAKLAND, California
Mortgage Amount
$19.3M
Units
99
Program
Acquisition & Refinance
Lender
Merchants Capital Corp.
Fiscal Year
FY2024
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$19.0M($19.3M original)
Interest Rate
5.53%
Maturity
June 2059(33 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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