Tracked Assets: 16 · Total FHA Debt: $369,910,700 · Annual Section 8 Mark-Up-To-Market Upside: +$364,515/yr
| Property / FHA # | Original FHA Loan | 10-Yr Step-Down Status | Sec 8 Rent-to-FMR Upside | TRACS Management Agent |
|---|---|---|---|---|
| Kalani Garden Apartments Mililani, HI · FHA #TRACS-800005123 | $10,115,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 59.2% FMR (+$150,117/yr) | EAH Inc. aaron.eberhardt@eahhousing.org |
| Halekauwila Place Honolulu, HI · FHA #140-35108 | $25,800,000 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | Indigo Real Estate Services Inc ladonb@indigorealestate.com |
| Hale Kewalo Apartments Honolulu, HI · FHA #140-35114 | $13,900,000 | 2% NEAR-PAR STEP-DOWN WINDOW | 0.0% FMR (+$0/yr) | Hawaii Affordable Properties, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| HALE PAUAHI Urban Honolulu, HI · FHA #140-35107 | $11,816,600 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | Hawaiian Properties, Ltd locked-tracs-contact@••••.com (Pro Unlock) |
| KULANA NANI Kaneohe, HI · FHA #TRACS-800005145 | $13,600,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 83.0% FMR (+$58,595/yr) | Hawaiian Properties, Ltd locked-tracs-contact@••••.com (Pro Unlock) |
| MAKALAPA MANOR APARTMENTS Halawa, HI · FHA #TRACS-800005151 | $10,370,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 0.0% FMR (+$0/yr) | Hawaiian Properties, Ltd locked-tracs-contact@••••.com (Pro Unlock) |
| KAWAHI MALUWAI APARTMENTS Wahiawa, HI · FHA #TRACS-800005191 | $10,115,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 97.3% FMR (+$16,879/yr) | Cambridge Management Inc locked-tracs-contact@••••.com (Pro Unlock) |
| MAUNAKEA TOWER APARTMENTS Honolulu, HI · FHA #140-35117 | $105,700,000 | HIGH-RATE VINTAGE (2023) IRR RESET | 113.8% FMR (+$0/yr) | Hawaii Affordable Properties, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| HALE MOILIILI Honolulu, HI · FHA #140-35119 | $60,600,000 | HIGH-RATE VINTAGE (2024) IRR RESET | 0.0% FMR (+$0/yr) | Hawaii Affordable Properties, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| West Loch- Kaleimao Village `Ewa Gentry, HI · FHA #140-35122 | $17,500,000 | HIGH-RATE VINTAGE (2025) IRR RESET | 0.0% FMR (+$0/yr) | Hawaii Affordable Properties, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| LAHAINA SURF Lahaina, HI · FHA #TRACS-800005146 | $9,520,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 92.9% FMR (+$34,822/yr) | Hale Mahaolu locked-tracs-contact@••••.com (Pro Unlock) |
| Hale Uhiwai Nalu II Kapolei, HI · FHA #140-35121 | $6,584,100 | HIGH-RATE VINTAGE (2025) IRR RESET | 0.0% FMR (+$0/yr) | Cantwell-Anderson Inc locked-tracs-contact@••••.com (Pro Unlock) |
| Beretania North-Kukui Tower Honolulu, HI · FHA #TRACS-800005087 | $32,300,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 112.3% FMR (+$0/yr) | EAH Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| HALE MAHAOLU ELUA Kahului, HI · FHA #TRACS-800005105 | $15,300,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 94.9% FMR (+$61,111/yr) | Hale Mahaolu locked-tracs-contact@••••.com (Pro Unlock) |
| SMITH-BERETANIA APARTMENTS Urban Honolulu, HI · FHA #TRACS-800005180 | $13,940,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 96.1% FMR (+$42,993/yr) | Indigo Real Estate Services Inc locked-tracs-contact@••••.com (Pro Unlock) |
| MALULANI HALE Urban Honolulu, HI · FHA #TRACS-800005154 | $12,750,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 100.7% FMR (+$0/yr) | Urban Management Corp., dba Urban Real Estate Co. locked-tracs-contact@••••.com (Pro Unlock) |