Status
Active
Place
Reading, PA, 19601
Type
Nursing homes and care facilities
Program
232 healthcare and senior housing (nursing homes, assisted living, board and care)
Units or beds
90
First endorsed
Jun 10, 2026
Original loan
$10,560,000
Interest rate
5.72%
Term
420 months
Maturity
Jul 1, 2061
Monthly payment
$58,240
Balance
$10,536,176
Held by
Merchants Capital Corp., Carmel, IN
Serviced by
Merchants Capital Corp., Carmel, IN

The balance is HUD's own amortization-schedule figure, assuming every payment is made on time. It can differ from a servicer's statement. Terminated loans carry no balance. HUD names the current holder and the current servicer of each loan, not the lender that made it. A loan that was sold shows under its buyer, so a company's balance here is what it holds or services today.

HUD project number 03422235. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.