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merchants capital

MichiganFinance

Merchants Capital provides key financing for Michigan mixed-income housing development

Merchants Capital provided $74.1 million in debt and $16.7 million in low-income housing tax credit equity financing for HōM Flats at 28 West Phase 3, a new…
December 8, 2025
OhioFinance

Merchants Capital secures $35.1 million in equity financing for multifamily housing development in Columbus

Merchants Capital today announced that it secured $35.1 million in tax credit equity financing for the historic adaptive reuse of Lofts at 40 Long, an affordable…
October 10, 2025
IndianaFinance

Carmel’s Merchants Capital names EVP of credit and operations

Carmel, Indiana-based financial services provider Merchants Capital appointed Naureen Dhanani as Executive Vice President of Credit and Operations, a newly established role reporting directly to the president and chief executive…
August 26, 2025
IndianaCRE

Carmel’s Merchants Bank names senior business development officer

Carmel, Indiana-based Merchants Bank has hired Juan “Jay” Arana as a Senior Business Development Officer in the Small Business Administration (SBA) Lending division. He will be based…
May 27, 2025
MinnesotaFinanceMultifamily

Merchants Capital provides $32.9 million in financing for 60-unit multifamily development in St. Paul

Merchants Capital provided $32.9 million in financing for the construction of East 7th Street, a 60-unit affordable and supportive multifamily housing development in St. Paul, Minnesota. Merchants…
May 16, 2025
MinnesotaFinanceMultifamily

Merchants Capital provides $25.5 million in financing for construction of 42-unit multifamily development in Shakopee

Financial services provider Merchants Capital provided $25.5 million in debt and equity financing for the construction of Prairie Pointe, a 42-unit affordable and supportive housing development in…
April 17, 2025
IowaFinanceMultifamily

Merchants Capital provides more than $88 million in financing for 192-unit multifamily community in Council Bluffs

Financial-services provider Merchants Capital secured more than $88 million in financing for Union at Bluffs Run, a new 192-unit affordable housing community in  Council Bluffs, Iowa. The…
January 7, 2025
MichiganFinanceMultifamily

Merchants Capital provides $66.3 million in financing for 204-unit workforce housing project in Petoskey

Merchants Capital announced more than $66.3 million in total financing for the new construction of Maple Block Flats, a 204-unit workforce housing project in Petoskey, Michigan,…
November 1, 2024

Merchants Capital provides $17.1 million in financing for 36-unit supportive housing development in Indianapolis

Financial services provider Merchants Capital secured $17.1 million in financing for The Marvetta & Anthony Grimes Family Center, a 36-unit Indianapolis-based supportive housing development for households recovering…
July 17, 2024
IllinoisFinanceMultifamily

Merchants Capital provides more than $103 million for rehab of Chicago Woodlawn apartment complex

The Chicago office of financial services provider Merchants Capital provided more than $54 million of debt and $49 million in Low-Income Housing Tax Credit (LIHTC) equity financing…
February 27, 2024
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