Affordable Housing Finance (AHF) ranked Merchants Capital as the number two lender nationwide for their top lender’s list. The firm set a record with its debt production in 2022, totaling approximately $8.9 billion, surpassing the previous record of $7 billion set in 2021, where it ranked number eight on the 2021 AHF Top Lenders list. This ranking is a testament to Merchants’ commitment to success despite the current turbulent market conditions.