Merchants Capital New York Secures $25.9 Million in Financing for Renovation of 294-Unit Multifamily Community in Puerto Rico

NEW YORK, NY - The New York office of leading multifamily financier Merchants Capital today announces it has secured more than $25.9 million for the renovation and upgrade of Mirador Las Casas, a Section 8 and Low-Income Housing Tax Credit (LIHTC) multifamily development located in San Juan, Puerto Rico. This project is notable as a return by the Puerto Rico Housing Finance to 4% LIHTC housing bond issuance.
The property features 294 units across 21 three-story buildings, with a variety of...

Related Keywords

Puerto Rico ,Las Casas ,United States ,Isla Verde Beach ,New York ,Puerto Rican ,Alexandra Domenech ,Freddie Mac ,Ben Levine ,Fannie Mae ,Puerto Rico Housing Finance Agency ,Richman Group ,Fernandol Sumaza Co ,Merchants Bank ,Merchants Capital ,Mirador Las Casas ,Low Income Housing Tax Credit ,San Juan ,Puerto Rico Housing Finance ,Mirador Las ,Capital New York ,Tiber Hudson ,Senior Vice President ,Merchants Capital New ,Hurricane Maria ,Mirador Las Casas Apartments ,Merchants Bank Of Indiana ,