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Merchants Capital Named #4 Multifamily Affordable Lender Nationwide by Mortgage Bankers Association

Merchants Capital Named #4 Multifamily Affordable Lender Nationwide by Mortgage Bankers Association
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CARMEL, Ind., May 11, 2021 /PRNewswire/ (Nasdaq: MBIN) Mortgage banking company Merchants Capital today announces that it has earned two high-ranking positions on the prestigious Mortgage Bankers Association (MBA) 2020 Commercial/Multifamily Originator Listing.
Merchants Capital placed #4 in multifamily affordable lending nationally for 2020. In total, the company closed $2.2 billion in affordable loans across 188 transactions, with an average transaction size of $11.8 million.
Merchants Capital also ranked #1 for the originating office location of Indianapolis, where it is headquartered. Out of this office, it closed $3.2 billion across 287 transactions in 2020, with an average loan size of $11.3 million. Merchants Capital Indianapolis is one of Merchants four production hubs nationwide, in addition ....

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Merchants Capital Named #4 Mul - GuruFocus.com

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Merchants Capital New York Provides $1.2 Billion in Financing for Affordable Housing Development and Preservation in 2020

NEW YORK, NY - The New York office of mortgage banking company Merchants Capital today announced that it has provided approximately $1.2 billion in debt financing during 2020 for affordable housing preservation and development within the region, ranking Merchants as a top multifamily affordable housing financer in the New York area.
The milestone reflects Merchants Capital New York’s steep growth trajectory due to its ever expanding and diverse base of offerings, including on-book, Freddie Mac, Fannie Mae and FHA loan products. Merchants’ lending volume extends to a broad swath of affordable projectives, including acquisition, preservation and new construction loans for 4%, 9%, Section 8, public, supportive, and mixed-income housing projects. ....

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