FINANCIAL_SERVICESONGOING

First Merchants Bank Provides Monopoly Apartments Financing

First Merchants Bank continues to finance Monopoly Apartments LLC's Baltic Flatz portfolio. The reported cross-collateralized loan has a current balance of $13,778,722 and remains current and in compliance.

Document date · October 5, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$13,778,722 current loan balance
Contract type
FINANCIAL_SERVICES
Contract term
Current loan; term not stated
Renewal
No maturity, renewal, or extension terms are stated.
Document type
AgendaPacket
Source document
Lansing City Council AgendaPacket Committee on Development and Planning 2026-10-05

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Lansing?

First Merchants Bank was awarded this financial services contract by City of Lansing, as recorded on October 5, 2026. The contract value is $13,778,722 current loan balance.

How much is the First Merchants Bank contract with City of Lansing worth?

The First Merchants Bank contract with City of Lansing is valued at $13,778,722 current loan balance, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Lansing City Council AgendaPacket Committee on Development and Planning 2026-10-05 (AgendaPacket), dated October 5, 2026 from City of Lansing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Merchants Bank hold?

First Merchants Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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