Also known as Merchants Capital Corp., Merchants Capital, PR Mortgage and Investments
Merchants Capital Corporation originates and services financing for multifamily housing and healthcare properties.
It is a subsidiary of Merchants Bank of Indiana. The group traces this business to Michael Petrie and Randall Rogers’s 1990 mortgage company.
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Michael Petrie and Randall Rogers began with apartment financing, acquired a small Indiana bank and entered mortgage warehousing during the financial crisis. Their institution now combines local banking with national financing for homes, apartments and healthcare properties.
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