Brief
Merchants Capital Secures $10M for Kansas Affordable Housing Development
Merchants Capital announced $10.8 million in permanent financing for Floret Hill, a 121-unit affordable housing development in Lawrence, Kansas, established as part of a city-supported initiative to e
Summary
Merchants Capital announced $10.
8 million in permanent financing for Floret Hill, a 121-unit affordable housing development in Lawrence, Kansas, established as part of a city-supported initiative to expand affordable housing supply.
Merchants Capital secured a Freddie Mac Unfunded Forward TEL loan for Floret Hill. The capital stack also includes federal and state low-income housing tax... The post Merchants Capital Secures $10M for Kansas Affordable Housing Development appeared first on
Source
- Connect CREconnectcre.com
