Status
Active
Place
Fishers, IN, 46037
Type
Apartments
Program
241(a) improvements or additions, 241(f) equity loans
Apartments
232
First endorsed
Aug 26, 2025
Original loan
$17,240,000
Interest rate
4.60%
Term
337 months
Maturity
Jan 1, 2055
Monthly payment
$91,210
Balance
$17,240,000
Held by
Merchants Capital Corp., Carmel, IN
Serviced by
Merchants Capital Corp., Carmel, IN
Financing
Tax-exempt bonds
Tax credits
Includes low-income housing tax credits

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 07310045. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.