Merchants Capital announced that it successfully completed a $303 million securitization of 11 multifamily housing loans for properties spanning eight states, with 81 percent of the loan balance made up of locations within Colorado, Florida, Indiana and New Jersey. This is Merchants’ fourth Freddie Mac-sponsored Q-series transaction in the last two and a half years, with a portfolio that includes loans ranging from $4 million to $62 million for use in the acquisition or refinance of multifamily properties. Most of the properties are workforce housing developments, with a significant portion of the unit composition comprising less than 80 percent of the area median income.