Tracked Assets: 41 · Total FHA Debt: $522,516,300 · Annual Section 8 Mark-Up-To-Market Upside: +$309,154/yr
| Property / FHA # | Original FHA Loan | 10-Yr Step-Down Status | Sec 8 Rent-to-FMR Upside | TRACS Management Agent |
|---|---|---|---|---|
| RENEW WICHITA Wichita, KS · FHA #102-32004 | $34,615,700 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | Red Tail Residential LLC nbryant@rtresi.com |
| THE HEIGHTS AT DELAWARE RIDGE Kansas City, KS · FHA #084-35374 | $24,324,000 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | Premier Real Estate Management, Inc. rosettaparker@premiermgmtinc.net |
| HORIZON TRAILS Gardner, KS · FHA #084-35364 | $14,603,800 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | Horizon Management, LLC locked-tracs-contact@••••.com (Pro Unlock) |
| LakePoint Wichita Nursing & Rehab Center Wichita, KS · FHA #102-22049 | $13,200,000 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | Axiom Healthcare Services LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Avita Senior Living at Rolling Hills Wichita, KS · FHA #102-22060 | $10,624,900 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | Axiom Healthcare Services LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Highland Park Townhomes Topeka, KS · FHA #TRACS-800007251 | $17,000,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 120.3% FMR (+$0/yr) | Van Binsbergen & Associates, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| OLATHE TOWERS Olathe, KS · FHA #TRACS-800007234 | $12,750,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 128.8% FMR (+$0/yr) | The Property Management Company, Inc. (FKA CCI, Inc.) locked-tracs-contact@••••.com (Pro Unlock) |
| DELAWARE CROSSING APARTMENTS Kansas City, KS · FHA #TRACS-800007424 | $10,625,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 89.1% FMR (+$49,410/yr) | Fulson Asset Management Company LLC locked-tracs-contact@••••.com (Pro Unlock) |
| CHELSEA PLAZA Kansas City, KS · FHA #TRACS-800007160 | $10,285,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 92.4% FMR (+$38,253/yr) | Independent Management Services locked-tracs-contact@••••.com (Pro Unlock) |
| HITONE LOFT APARTMENTS Wichita, KS · FHA #102-35296 | $12,026,400 | HIGH-RATE VINTAGE (2022) IRR RESET | 0.0% FMR (+$0/yr) | Ferguson Property Group Inc locked-tracs-contact@••••.com (Pro Unlock) |
| BLACKHAWK APARTMENT HOMES Spring Hill, KS · FHA #102-35299 | $11,387,300 | HIGH-RATE VINTAGE (2022) IRR RESET | 0.0% FMR (+$0/yr) | Yarco Company, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| HORSESHOE BEND Topeka, KS · FHA #102-11086 | $6,329,400 | 1% NEAR-PAR STEP-DOWN WINDOW | 0.0% FMR (+$0/yr) | RT Properties LLC locked-tracs-contact@••••.com (Pro Unlock) |
| WINDRIDGE APTS Wichita, KS · FHA #102-35254 | $4,475,100 | 0% PAR REFI UNLOCKED | 85.2% FMR (+$61,574/yr) | Michaels Management-Affordable LLC locked-tracs-contact@••••.com (Pro Unlock) |
| THE FIRST APARTMENTS Topeka, KS · FHA #TRACS-800007480 | $10,030,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 82.2% FMR (+$57,754/yr) | The First Apartments, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| HORSESHOE BEND PHASE II Topeka, KS · FHA #102-11115 | $8,918,600 | HIGH-RATE VINTAGE (2022) IRR RESET | 0.0% FMR (+$0/yr) | RT Properties LLC locked-tracs-contact@••••.com (Pro Unlock) |
| THE LUX Wichita, KS · FHA #102-11118 | $8,180,900 | HIGH-RATE VINTAGE (2022) IRR RESET | 0.0% FMR (+$0/yr) | Eyster LB LLC locked-tracs-contact@••••.com (Pro Unlock) |
| VERANDAS AT CRESTVIEW Wichita, KS · FHA #102-35292 | $7,300,000 | HIGH-RATE VINTAGE (2022) IRR RESET | 0.0% FMR (+$0/yr) | Yarco Company, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| SOUTHLAWN ESTATES Garden City, KS · FHA #102-11089 | $3,321,400 | 1% NEAR-PAR STEP-DOWN WINDOW | 84.4% FMR (+$79,822/yr) | Southwest Developmental Services Inc locked-tracs-contact@••••.com (Pro Unlock) |
| KIDRON APARTMENTS Newton, KS · FHA #102-11079 | $3,910,500 | 0% PAR REFI UNLOCKED | 116.2% FMR (+$0/yr) | Bluestem Communities Management Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| Whispering Hills Apartments Overland Park, KS · FHA #084-11162 | $36,640,000 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | Keystone Property Management LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Uptown Landing Wichita, KS · FHA #102-11125 | $28,045,000 | LOCKOUT STEP-DOWN (10% PENALTY) | 0.0% FMR (+$0/yr) | Key Management Company locked-tracs-contact@••••.com (Pro Unlock) |
| APARTMENT ON SIXTH AND CROSSGATE CASITAS Lawrence, KS · FHA #102-11095 | $21,405,600 | LOCKOUT STEP-DOWN (3% PENALTY) | 0.0% FMR (+$0/yr) | 6 Gate, LLC locked-tracs-contact@••••.com (Pro Unlock) |
| THE VUE APARTMENTS Wichita, KS · FHA #102-35290 | $19,453,500 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | Key Management Company locked-tracs-contact@••••.com (Pro Unlock) |
| Shawnee Gardens Healthcare & Rehabilitation Center Shawnee, KS · FHA #084-22071 | $16,445,300 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | MRC SNF Management LLC locked-tracs-contact@••••.com (Pro Unlock) |
| THE QUARTERS AT CAMBRIDGE Wichita, KS · FHA #102-35294 | $11,896,100 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | Hanley & Company locked-tracs-contact@••••.com (Pro Unlock) |
| Wichita RAD Senior (RAD) Wichita, KS · FHA #102-35295 | $10,900,000 | LOCKOUT STEP-DOWN (6% PENALTY) | 98.2% FMR (+$16,326/yr) | MENNONITE HOUSING REHABILITATION SERVICES, INC. locked-tracs-contact@••••.com (Pro Unlock) |
| BLACKHAWK APARTMENTS PHASE II Spring Hill, KS · FHA #102-35286 | $10,736,500 | LOCKOUT STEP-DOWN (3% PENALTY) | 0.0% FMR (+$0/yr) | Yarco Company, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| SANTA FE TOWERS APARTMENTS Overland Park, KS · FHA #TRACS-800042899 | $21,420,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 104.4% FMR (+$0/yr) | YOUNG MANAGEMENT CORP. locked-tracs-contact@••••.com (Pro Unlock) |
| FOX RIDGE TOWNHOUSES I-IV Topeka, KS · FHA #TRACS-800007218 | $17,000,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 104.9% FMR (+$0/yr) | Heritage Management Corporation locked-tracs-contact@••••.com (Pro Unlock) |
| PINE TREE TH COOP I Lawrence, KS · FHA #TRACS-800007351 | $13,600,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 99.9% FMR (+$106/yr) | Wainright Property Management locked-tracs-contact@••••.com (Pro Unlock) |
| OAKDALE PLAZA APARTMENTS Salina, KS · FHA #TRACS-800007325 | $11,645,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 135.1% FMR (+$0/yr) | Omega Management Group locked-tracs-contact@••••.com (Pro Unlock) |
| TOWNHOUSE APARTMENTS Kansas City, KS · FHA #TRACS-800007190 | $11,050,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 117.1% FMR (+$0/yr) | Fulson Asset Management Company LLC locked-tracs-contact@••••.com (Pro Unlock) |
| GORDY SQUARE/HERITAGE HOUSE El Dorado, KS · FHA #TRACS-800007235 | $10,540,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 111.3% FMR (+$0/yr) | Key Management Company locked-tracs-contact@••••.com (Pro Unlock) |
| MERRIAM SENIOR RESIDENCES Merriam, KS · FHA #084-11198 | $3,975,500 | HIGH-RATE VINTAGE (2022) IRR RESET | 99.0% FMR (+$5,910/yr) | Key Management Company locked-tracs-contact@••••.com (Pro Unlock) |
| BRANCHWOOD VILLAGE SENIOR LIVING COOPERATIVE Lawrence, KS · FHA #102-23003 | $9,552,800 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | Ebenezer Management Services, Inc locked-tracs-contact@••••.com (Pro Unlock) |
| Azria Health at Olathe Olathe, KS · FHA #084-22073 | $7,840,000 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | Azria Health Management, LLC locked-tracs-contact@••••.com (Pro Unlock) |
| HORIZON PLAZA Emporia, KS · FHA #102-11112 | $6,000,000 | LOCKOUT STEP-DOWN (6% PENALTY) | 150.8% FMR (+$0/yr) | Gibraltar Property Management Company LLC locked-tracs-contact@••••.com (Pro Unlock) |
| PRAIRIE VILLAGE RESIDENCE Hutchinson, KS · FHA #102-11110 | $5,900,000 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | Key Management Company locked-tracs-contact@••••.com (Pro Unlock) |
| MISSION TOWERS Topeka, KS · FHA #102-11113 | $5,840,000 | LOCKOUT STEP-DOWN (6% PENALTY) | 134.1% FMR (+$0/yr) | Gibraltar Property Management Company LLC locked-tracs-contact@••••.com (Pro Unlock) |
| WILLOW CREEK MANOR Wichita, KS · FHA #TRACS-800007477 | $8,755,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 109.0% FMR (+$0/yr) | Builders Incorporated locked-tracs-contact@••••.com (Pro Unlock) |
| LUTHER PLACE Topeka, KS · FHA #102-11126 | $9,968,000 | LOCKOUT STEP-DOWN (10% PENALTY) | 102.8% FMR (+$0/yr) | Heritage Management Corporation locked-tracs-contact@••••.com (Pro Unlock) |