US EditionMerchants Capital Secures $25.5M for Twin Cities-based Affordable and Supportive Housing Development Prairie Pointe
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Merchants Capital Secures $25.5M for Twin Cities-based Affordable and Supportive Housing Development Prairie Pointe
Leading financial services provider Merchants Capital announced $25.5 million in debt and equity financing for the construction of Prairie Pointe, a 42-unit affordable and supportive housing development in Shakopee, Minnesota. Merchants Capital provided $14.1 million in 9% Low-Income Housing Tax Credit (LIHTC) equity and secured a $11.4 million bridge loan from Merchants Bank for the […] The post Merchants Capital Secures $25.5M for Twin Cities-…
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