Merchants Capital New York provides $2.65b in 2025 financing, expands debt production

New York, NY The New York office of Merchants Capital reported a total production volume of $2.65 billion for 2025, setting a new benchmark for debt investments in multifamily affordable housing. This milestone reflects Merchants’ commitment to financing the construction and preservation of affordable, multifamily and senior housing nationwide.

Merchants Capital’s debt investments included government-sponsored enterprise (GSE) and Merchants Bank balance sheet loans, underscoring its ability to deliver financing solutions.

“Merchants continues to demonstrate resilience in a dynamic market through our unique business model, strong collaborative culture, community focus and longstanding partnerships,” said Mat Wambua, vice chairman and EVP, agency lending at Merchants Capital.

“We are well positioned for the year ahead to support our clients with expansive financing solutions and an innovative approach that enhances affordable housing development.”Nationally, Merchants Capital was recently named:

• Freddie Mac: #3 Optigo® Targeted Affordable Housing Lender in 2025

• Freddie Mac: Top Lender of Forward Rate-Locks for 2024

• Fannie Mae: #5 Producers for Multifamily Affordable Housing in 2025

• AHF: #4 Affordable Housing Lender of 2024

• MHN: #6 Top Multifamily Finance Firmsof 2026

• CPE: #10TopCommercial Real Estate Finance Firmsof 2026

• MBA: #2 Multifamily Affordable Total Originations for 2024

• Commercial Observer: #33 on the Power Finance 2025 List; among the 50 most influential players in commercial real estate

Merchants Capital regularly collaborates with the New York City Housing Authority (NYCHA), New York City Housing Development Corporation (HDC), Department of Housing Preservation & Development (HPD), New York State Housing Finance Agency (HFA), New York State Homes and Community Renewal (HCR), Freddie Mac and Fannie Mae.