Merchants Capital

The Merchants Capital team would like to express our appreciation and gratitude to our clients, partners, and colleagues for making this past year a success. We look forward to continuing our impactful work together in 2025, providing innovative housing solutions nationwide. We wish you happiness, prosperity, and continued success throughout the new year! Our offices will be closing today at noon and will remain closed tomorrow, January 1. We will resume normal business hours on Thursday, January 2. #HappyNewYear #2025

At Merchants Capital, we partner with people who dream big, providing innovative financing solutions to those making homes more affordable and accessible to a wider population. We also invest in our talented staff—helping them grow and learn to become the best in the business. Visit us at MerchantsCapital.com to learn more about what we do. #InnovatingFinance #ElevatingPeople

Merchants Capital’s team was delighted to join our Providence Cristo Rey High School (PCR) Interns for our annual Holiday Luncheon! Four years ago, Merchants Capital GSE Asset Manager Daquena Carter decided that in addition to our participation in PCR’s Corporate Work-Study Program, she wanted to do more for the students in recognition of their contribution to Merchants. She decided to start collecting donations from our Asset Management teams to contribute to a holiday gift for each of our interns and their families, and Merchants Capital generously offered to match all employee contributions. Merchants Capital and its Asset Management teams have continued this tradition ever since. We are so thankful to be a part of PCR’s impactful Corporate Work-Study Program and acknowledge all the hard work and dedication our interns have contributed over the years. Sarah Zaricki; Anne Marie Fleming; Rita Keith; John Frazee; John Karazsia; Tianna Coleman-Maynard; Staci Morrison; Penny Douglas #SeasonOfGiving #HappyHolidays #MerchantsOnTheMove 

Merchants Capital’s six regional offices have sure been in the holiday spirit over the last couple of weeks! Our teams found time to celebrate the season during our annual holiday parties—enjoying dinners, dancing, bowling, holiday–themed activities, and more! Happy holidays from all of us here at Merchants Capital! #SeasonsGreetings #MerchantsOnTheMove

All of us at Merchants Capital join in wishing you a wonderful holiday season filled with peace, joy and good cheer. Our offices will be closing today at noon and will remain closed tomorrow, December 25. We will resume normal business hours on Thursday, December 26. #SeasonsGreetings

Merchants Capital recently closed a $24.9+ Million Fannie Mae M.TEB Forward for Union at Bluffs Run, a 192-unit affordable housing development located in Council Bluffs, Iowa. Additionally, Merchants Capital raised $22.5+ Million in LIHTC equity, and $81,600 in 45L equity for the residential community. Merchants Bank also provided a $41.5 Million Construction Loan for the development. Union at Bluffs Run will be built on a 10+ acre site and consist of four, three-story apartment-style buildings, in addition to another building that will house the leasing office, fitness center, and community room. The development will offer one-, two-, and three-bedroom floorplans, with all units being reserved for members of the Council Bluffs community making 60% of the AMI. Congratulations to The Annex Group, RQAW | DCCM, Snyder & Associates, Inc., City of Council Bluffs, Fannie Mae, Iowa Finance Authority, and all others involved in bringing this much-needed affordable housing development to the area! #CommunityBuilding #AffordableHousing #CouncilBluffs #Groundbreaking #GroundbreakingCeremony

Merchants Capital is proud to have provided a Tax-Exempt Unfunded Forward Freddie Mac permanent loan for Emerson Place—a new 144-unit affordable housing community located in Indianapolis, IN. Congratulations to Devco Residential Group on their first ground-up project in Indianapolis, and to all others involved in bringing this essential affordable housing community to the area! Matt Kaercher; Gus Gilmore

Merchants Capital is hiring for multiple positions in our Carmel, IN Headquarters and New York City office! Check out our open positions here and learn more about how we are #InnovatingFinance and #ElevatingPeople nationwide: Carmel, IN Headquarters - Senior Construction Loan Analyst: https://bit.ly/48LlNDy - Underwriter (Multifamily): https://bit.ly/3VOVY05 - Senior Underwriter (Affordable Housing): https://bit.ly/404anbv New York City Office - Senior Construction Asset Manager: https://bit.ly/41H3aPC #MerchantsOnTheMove #OpenPosition #TopWorkplaces #Multifamily #IRE #Underwriting #AssetManagement #ConstructionAnalyst

Below-zero wind chills didn’t stop Merchants Capital’s Minnesota team from being onsite to celebrate the groundbreaking of East 7th Grandfamilies—a new affordable housing development in St. Paul, MN. Upon completion, East 7th Grandfamilies will bring 60 units of affordable multigenerational housing—specifically serving families making between 30% to 60% of the AMI. Units will consist of one-, two-, three-, four-, and five-bedroom floorplans, and there will be various amenities available to residents such as community space, a playground, and supportive services. The term “Grandfamilies” (or kinship families) refer to families in which children reside and are being raised by grandparents, other extended family members, and/or adults with whom the children have a close family-like relationship with, such as godparents or close family friends. Merchants Capital is proud to be a debt and equity partner for this impactful project, and would like to congratulate Project for Pride in Living (PPL), City of Saint Paul, Ramsey County, Greater Minnesota Housing Fund, and all involved in bringing this much-needed affordable housing to the area! #GroundbreakingCeremony #AffordableHousing #MNHousing

It’s been a month, and we’re still smiling from the Merchants Capital Cocktail Reception during AHF Live! Thank you to all who joined our team at The St. Regis Chicago to celebrate affordable housing during this year’s conference—we hope you had as good of a time as we did! We had an amazing evening connecting with our valued partners and industry colleagues and can’t wait to see you all again next year! #MerchantsOnTheMove #2024AHFLive #AHFLive #AffordableHousing #HousingForAll #LIHTC #AffordableHousingFinance