AR HUD FHA Multifamily Loan Step-Down & Section 8 Rent-Upside Directory

Tracked Assets: 41 · Total FHA Debt: $661,763,800 · Annual Section 8 Mark-Up-To-Market Upside: +$287,440/yr

Property / FHA #Original FHA Loan10-Yr Step-Down StatusSec 8 Rent-to-FMR UpsideTRACS Management Agent
Promenade at Pinnacle Hills
Rogers, AR · FHA #082-35458
$22,178,4000% PAR REFI UNLOCKED0.0% FMR (+$0/yr)Sterling Management Ltd., Inc.
abarker@thesterlinggrp.com
Brookhaven Apartments
Springdale, AR · FHA #082-11107
$21,642,6000% PAR REFI UNLOCKED0.0% FMR (+$0/yr)Tower Management
davidw@towerarkansas.com
Christopher Homes Inc.
El Dorado, AR · FHA #082-11073
$13,010,6000% PAR REFI UNLOCKED130.9% FMR (+$0/yr)CHRISTOPHER HOMES OF ARKANSAS, INC.
locked-tracs-contact@••••.com (Pro Unlock)
TEXARKANA HOUSING ALLIANCE (221D4 PBV RAD)
Texarkana, AR · FHA #082-35479
$10,000,0002% NEAR-PAR STEP-DOWN WINDOW0.0% FMR (+$0/yr)Texarkana Arkansas Housing Authority
locked-tracs-contact@••••.com (Pro Unlock)
Fox Ridge Chenal
Little Rock, AR · FHA #082-22050
$18,192,1000% PAR REFI UNLOCKED0.0% FMR (+$0/yr)Fox Ridge Management Company LLC
locked-tracs-contact@••••.com (Pro Unlock)
HILLSBORO TOWNHOUSE APARTMENTS
El Dorado, AR · FHA #TRACS-800000644
$12,920,0000% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT)107.5% FMR (+$0/yr)Mayfair Management Group, LLC
locked-tracs-contact@••••.com (Pro Unlock)
Summit at Valley Heights
North Little Rock, AR · FHA #TRACS-800000802
$10,200,0000% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT)99.7% FMR (+$492/yr)Asset Plus USA LLC
locked-tracs-contact@••••.com (Pro Unlock)
Pine Bluff (223f)
Pine Bluff, AR · FHA #082-11143
$7,055,4002% NEAR-PAR STEP-DOWN WINDOW0.0% FMR (+$0/yr)Crossroads Community Development Corporation
locked-tracs-contact@••••.com (Pro Unlock)
Gorman Towers
Fort Smith, AR · FHA #082-11058
$6,375,0000% PAR REFI UNLOCKED186.5% FMR (+$0/yr)Rental Management, Inc.
locked-tracs-contact@••••.com (Pro Unlock)
Ridge Road Village Apartments
North Little Rock, AR · FHA #082-35469
$6,339,3000% PAR REFI UNLOCKED0.0% FMR (+$0/yr)Ghan & Cooper Multifamily LLC
locked-tracs-contact@••••.com (Pro Unlock)
Fieldstone Townhomes
Bryant, AR · FHA #082-11101
$5,909,9000% PAR REFI UNLOCKED0.0% FMR (+$0/yr)C. Smith Holdings, Inc.
locked-tracs-contact@••••.com (Pro Unlock)
BUFFINGTON TOWER
Little Rock, AR · FHA #082-35424
$5,568,5000% PAR REFI UNLOCKED129.0% FMR (+$0/yr)LHP Management, LLC
locked-tracs-contact@••••.com (Pro Unlock)
Asbury Park Apartments
Little Rock, AR · FHA #082-11120
$4,937,9000% PAR REFI UNLOCKED113.2% FMR (+$0/yr)LHP Management, LLC
locked-tracs-contact@••••.com (Pro Unlock)
Levi Towers (202 HAP / 223F)
Hot Springs, AR · FHA #082-11095
$5,000,0000% PAR REFI UNLOCKED141.0% FMR (+$0/yr)Tower Management
locked-tracs-contact@••••.com (Pro Unlock)
PINEY WOODS APARTMENTS (HAP)
Pine Bluff, AR · FHA #TRACS-800000742
$16,320,0000% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT)80.2% FMR (+$48,345/yr)Carson & Associates, Inc.
locked-tracs-contact@••••.com (Pro Unlock)
Eastview Terrace Apartments
Little Rock, AR · FHA #082-11159
$5,760,000HIGH-RATE VINTAGE (2022) IRR RESET106.1% FMR (+$0/yr)Independent Management Services
locked-tracs-contact@••••.com (Pro Unlock)
Albert Pike Apartments
Little Rock, AR · FHA #082-35499
$5,294,400HIGH-RATE VINTAGE (2022) IRR RESET102.7% FMR (+$0/yr)Envolve Community Management LLC
locked-tracs-contact@••••.com (Pro Unlock)
WASHINGTON PLAZA APARTMENTS
Fayetteville, AR · FHA #082-11144
$3,470,0002% NEAR-PAR STEP-DOWN WINDOW68.8% FMR (+$111,032/yr)Rental Management, Inc.
locked-tracs-contact@••••.com (Pro Unlock)
Heritage Manors of Southeast Arkansas (HAP)
Pine Bluff, AR · FHA #082-11076
$3,591,4000% PAR REFI UNLOCKED119.8% FMR (+$0/yr)AREA AGENCY ON AGING OF SOUTHEAST ARKANSAS
locked-tracs-contact@••••.com (Pro Unlock)
Mid-Town Apartments
Fort Smith, AR · FHA #082-11096
$2,053,2000% PAR REFI UNLOCKED109.2% FMR (+$0/yr)Tommy Donoho, T. Donoho Managment Co.
locked-tracs-contact@••••.com (Pro Unlock)
Centerton Apartments
Centerton, AR · FHA #082-35509
$52,680,800LOCKOUT STEP-DOWN (10% PENALTY)0.0% FMR (+$0/yr)Block Multifamily Group LLC
locked-tracs-contact@••••.com (Pro Unlock)
PINNACLE HEIGHTS
Rogers, AR · FHA #082-35478
$44,263,900LOCKOUT STEP-DOWN (3% PENALTY)0.0% FMR (+$0/yr)Asset Plus USA LLC
locked-tracs-contact@••••.com (Pro Unlock)
Brick Avenue Lofts (223f/MKT)
Bentonville, AR · FHA #082-11166
$42,960,000LOCKOUT STEP-DOWN (6% PENALTY)0.0% FMR (+$0/yr)Specialized Real Estate Group, Inc.
locked-tracs-contact@••••.com (Pro Unlock)
Foothills Apartments (223F)
North Little Rock, AR · FHA #082-11150
$37,920,000LOCKOUT STEP-DOWN (4% PENALTY)0.0% FMR (+$0/yr)LynCo, Inc.
locked-tracs-contact@••••.com (Pro Unlock)
GATEWAY WOODS
Little Rock, AR · FHA #082-35495
$34,434,400LOCKOUT STEP-DOWN (5% PENALTY)0.0% FMR (+$0/yr)Engage Management, LLC
locked-tracs-contact@••••.com (Pro Unlock)
Riverside at Rockwater (223 F)
North Little Rock, AR · FHA #082-11161
$28,000,000LOCKOUT STEP-DOWN (6% PENALTY)0.0% FMR (+$0/yr)TAM Residential, LLC
locked-tracs-contact@••••.com (Pro Unlock)
Residences at Harbor Town Apartments
Little Rock, AR · FHA #082-35480
$26,140,500LOCKOUT STEP-DOWN (3% PENALTY)0.0% FMR (+$0/yr)La Petite Roche Management LLC
locked-tracs-contact@••••.com (Pro Unlock)
Centerstone Apartments
Conway, AR · FHA #082-11155
$21,520,000LOCKOUT STEP-DOWN (5% PENALTY)0.0% FMR (+$0/yr)Engage Management, LLC
locked-tracs-contact@••••.com (Pro Unlock)
The Pointe at Hot Springs (223F Only)
Hot Springs National Park, AR · FHA #082-11164
$21,120,000LOCKOUT STEP-DOWN (6% PENALTY)0.0% FMR (+$0/yr)RichSmith Management LLC
locked-tracs-contact@••••.com (Pro Unlock)
Good Shepherd Ecumenical Retirement Center
Little Rock, AR · FHA #082-35487
$17,850,900LOCKOUT STEP-DOWN (5% PENALTY)103.1% FMR (+$0/yr)Ecumenical Retirement Center
locked-tracs-contact@••••.com (Pro Unlock)
NLR RAD Family Homes (221d4/PBV RAD)
North Little Rock, AR · FHA #082-35481
$17,475,800LOCKOUT STEP-DOWN (4% PENALTY)0.0% FMR (+$0/yr)M&T Property Management
locked-tracs-contact@••••.com (Pro Unlock)
The Pointe at Conway
Conway, AR · FHA #082-11163
$16,800,000LOCKOUT STEP-DOWN (6% PENALTY)0.0% FMR (+$0/yr)RichSmith Management LLC
locked-tracs-contact@••••.com (Pro Unlock)
The Cottages
Little Rock, AR · FHA #082-35498
$14,750,000LOCKOUT STEP-DOWN (6% PENALTY)106.7% FMR (+$0/yr)Envolve Community Management LLC
locked-tracs-contact@••••.com (Pro Unlock)
Briarwood Apartments (HAP/SHCC)
Fort Smith, AR · FHA #082-35490
$14,000,000LOCKOUT STEP-DOWN (5% PENALTY)150.7% FMR (+$0/yr)Mayfair Management Group, LLC
locked-tracs-contact@••••.com (Pro Unlock)
Maple Place (221 d4)
North Little Rock, AR · FHA #082-35482
$13,500,000LOCKOUT STEP-DOWN (3% PENALTY)0.0% FMR (+$0/yr)M&T PROPERTY MANAGEMENT
locked-tracs-contact@••••.com (Pro Unlock)
Protho Manor Apartments
North Little Rock, AR · FHA #082-35496
$11,700,000LOCKOUT STEP-DOWN (6% PENALTY)88.4% FMR (+$39,474/yr)UAG Ventures AC LP
locked-tracs-contact@••••.com (Pro Unlock)
Savannah Hills (223A7)
Jonesboro, AR · FHA #082-35486
$10,521,200LOCKOUT STEP-DOWN (4% PENALTY)0.0% FMR (+$0/yr)HP Development, Inc.
locked-tracs-contact@••••.com (Pro Unlock)
AUDUBON POINTE
Maumelle, AR · FHA #TRACS-800000514
$17,255,0000% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT)119.9% FMR (+$0/yr)CS American Management Inc
locked-tracs-contact@••••.com (Pro Unlock)
St. John Alexander Tower (HAP)
Pine Bluff, AR · FHA #TRACS-800000780
$13,090,0000% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT)164.6% FMR (+$0/yr)United Property Management
locked-tracs-contact@••••.com (Pro Unlock)
Manor Place (RAD) RAD PH Conv
Pocahontas, AR · FHA #TRACS-800244613
$12,325,0000% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT)86.2% FMR (+$88,096/yr)Pocahontas Housing Authority Incorporated
locked-tracs-contact@••••.com (Pro Unlock)
The Manor
Little Rock, AR · FHA #082-22064
$7,637,600LOCKOUT STEP-DOWN (3% PENALTY)0.0% FMR (+$0/yr)Advanced Health Services, LLC
locked-tracs-contact@••••.com (Pro Unlock)
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