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Home›Real Estate›Residential›Merchants Capital Secures $30M for 227-Unit Indianapol…

Merchants Capital Secures $30M for 227-Unit Indianapolis Multifamily Development

Reported · Written up by our desk · Residential

Merchants Capital announced $30.7 million in forward-committed permanent financing for Central at Old Southside, a 227-unit 4% low-income housing tax credit multifamily development to be built in Indianapolis, Indiana, by The Annex Group. Merchants Capital secured a $30.7 million cash-backed Freddie Mac Forward TEL loan for the development. “The addition of more than 200 affordable ... The post Merchants Capital Secures $30M for 227-Unit Indianapolis Multifamily Development appeared first on Connect CRE .

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Sources

ConnectCREMerchants Capital Secures $30M for 227-Unit Indianapolis Multifamily Development

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