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Merchants Capital Secures $77 Million in Financing for New 178-Unit Affordable Housing Development in Saint Paul, Minnesota

ST PAUL, MN - Leading multifamily financing provider Merchants Capital today announces it has provided more than $77 million in financing for the development of Soul, an affordable, mixed-use development in Saint Paul, Minnesota. The property – owned and developed by the key partner on the project, Schafer Richardson – is a crucial redevelopment project for the city and an important factor in its commitment to expanding and improving access to affordable housing within Saint Paul.

United statesCity of saint paulSaint paulRamsey countyFreddie macMarsha goffKatie anthonySchafer richardsonDevelopment at schafer richardsonHousing investment trustMerchants capital saint paul officeMerchants bankGreater minnesota housing fundMerchants capitalWest sideRobert street

Will rising inflation, interest rates scuttle multifamily deals? So far, it s rarely happening – REJournals

Will rising inflation, interest rates scuttle multifamily deals? So far, it s rarely happening – REJournals
rejournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rejournals.com Daily Mail and Mail on Sunday newspapers.

United statesSaint paulFreddie macMarsha goffFannie maeMerchants capital

Merchants Capital Secures $141 Million in Financing for 449-Unit Waterfront Station II Mixed-Income Multifamily Development

CARMEL, IN - Leading financial services provider Merchants Capital recently secured more than $141 million in financing for Waterfront Station II, a multifamily, mixed-income and mixed-use property currently under construction in the Southwest neighborhood of Washington, D.C. The community is a joint venture between the for-profit Hoffman & Associates, not-for-profit affordable developer AHC Inc., City Partners and Paramount Development. Situated at 1000 4th Street SW, Waterfront Station.

District of columbiaUnited statesWashington monumentSusan cunninghamMarsha goffMichael vergasonMonty hoffmanAlan goldsteinHickok coleDistrict office of the deputyGood company doughnutsAppletree public charter schoolMerchants bankFannie maeEconomic developmentHoffman associates