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Merchants Capital Achieved Explosive Growth in 2021 With Record Setting $7 Billion in Structured Debt Financing Production

CARMEL, IN - Merchants Capital closed a record $7 billion in debt production in 2021, shattering the firm’s previous record of $4.7 billion in financing in 2020. The firm achieved explosive growth in all product offerings, including a 72% increase in Federal Housing Administration (FHA) financing to $1.97 billion, a 143% increase in Fannie Mae and Freddie Mac production approaching $1 billion and a 65% increase in Merchants Bank of Indiana (MBI) balance sheet financing with over $4...
New York United States Freddie Mac Mathew Wambua Dwayne George Lee Oller

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Merchants Capital Secures $102 Million in Debt and Equity Financing to Rehabilitate Historic Affordable Senior Community in San Antonio

CHICAGO, IL - Financial services company Merchants Capital (MCC) today announces the closing of $102 million in combined debt and equity financing to support the redevelopment of Granada Homes, a historic affordable housing property located along the iconic River Walk in the heart of downtown San Antonio. Originally constructed in 1927 as the Plaza Hotel, the property currently is a mixed-use, 14-story high-rise housing underserved low- and very-low-income seniors. The financing for the...
United States Plaza Hotel San Antonio Pat Biernacki Lee Oller Chang Suh

Union Fund Finances First San Francisco Project of $1 Billion Initiative and Aids Local Economy

Union Fund Finances First San Francisco Project of $1 Billion Initiative and Aids Local Economy News provided by Share this article Share this article SAN FRANCISCO, Dec. 15, 2020 /PRNewswire/ --ย The AFL-CIO Housing Investment Trust (HIT) today announced the first project under its $1 billion Bay Area Investment Initiative for jobs and affordable housing launched earlier this fall. Officials said the company will provide $19.1 million to help finance the new construction of 96 efficiency apart...
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