CARMEL, IN - Leading financial services provider Merchants Capital announces today it has successfully completed a $303 million securitization of 11 multifamily housing loans via its fourth Freddie Mac-sponsored Q-Series transaction.
The loans, ranging from $4 million to $62 million, were used for the acquisition or refinance of multifamily properties spanning eight states, with Florida, Indiana, Colorado and New Jersey making up 81% of the loan balance. Most of the properties are workforce.
CARMEL, IN - Leading financial services provider Merchants Capital announces today it has successfully completed a $303 million securitization of 11 multifamily housing loans via its fourth Freddie Mac-sponsored Q-Series transaction.
The loans, ranging from $4 million to $62 million, were used for the acquisition or refinance of multifamily properties spanning eight states, with Florida, Indiana, Colorado and New Jersey making up 81% of the loan balance. Most of the properties are workforce.