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newslink. mba. org > cmf-newslinks > 2026 > march > mba-commercial-multifamily-newslink-thursday-march-12-2026 > dealmaker-merchants-capital-secures-26-3m-for-nyc-senior-housing-conversion-2

Dealmaker: Merchants Capital Secures $26. 3 M for NYC Senior Housing Conversion

2+ mon, 1+ week ago  (215+ words) Merchants Capital, Carmel, Ind. , announced $26. 3 million in total financing for the rehabilitation of a multifamily development in New York City. The complex'Three Arts Club'will be transformed into permanent and supportive housing for seniors (62-plus) upon its conversion. The rehabilitation is…...

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