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OAK KNOLL APARTMENTS

FHA Acquisition & Refinance

Endorsed July 30, 2020

FHA #07111473

Deal Details

Location
CARY, Illinois
Mortgage Amount
$10.8M
Units
100
Program
Acquisition & Refinance
Lender
Merchants Capital Corp.
Fiscal Year
FY2020

Current Loan Status

Active
Outstanding Balance
$9.6M($10.8M original)
Interest Rate
2.37%
Maturity
August 2055(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

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