Tracked Assets: 15 · Total FHA Debt: $193,289,600 · Annual Section 8 Mark-Up-To-Market Upside: +$207,548/yr
| Property / FHA # | Original FHA Loan | 10-Yr Step-Down Status | Sec 8 Rent-to-FMR Upside | TRACS Management Agent |
|---|---|---|---|---|
| The Arbors at McCormick Park Fargo, ND · FHA #094-35061 | $12,750,000 | 2% NEAR-PAR STEP-DOWN WINDOW | 104.3% FMR (+$0/yr) | Premier Housing Management gmcclurg@phmdcorp.com |
| Boulevard Avenue Apartments Bismarck, ND · FHA #TRACS-800251409 | $10,200,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 82.7% FMR (+$18,517/yr) | CommunityWorks North Dakota paulette@lcdgroup.org |
| T Lofts Fargo, ND · FHA #094-11036 | $14,332,000 | HIGH-RATE VINTAGE (2024) IRR RESET | 0.0% FMR (+$0/yr) | Tempe Friends and Family LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Village Cooperative of Fargo Fargo, ND · FHA #094-23002 | $11,141,800 | HIGH-RATE VINTAGE (2022) IRR RESET | 0.0% FMR (+$0/yr) | Paramark Corp locked-tracs-contact@••••.com (Pro Unlock) |
| Emerald Square Grand Forks, ND · FHA #094-35063 | $10,949,000 | HIGH-RATE VINTAGE (2022) IRR RESET | 80.1% FMR (+$139,274/yr) | The Schuett Companies, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| Capitol Apartments Bismarck, ND · FHA #094-11014 | $8,160,000 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | CMGL 08 LLC dba Capitol Apartments locked-tracs-contact@••••.com (Pro Unlock) |
| Echo at The Lights West Fargo, ND · FHA #094-11032 | $5,799,200 | HIGH-RATE VINTAGE (2022) IRR RESET | 0.0% FMR (+$0/yr) | Oxford Management Group LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Cherry Heights Oak Manor Grand Forks, ND · FHA #094-35058 | $2,728,800 | 0% PAR REFI UNLOCKED | 106.4% FMR (+$0/yr) | GRAND FORKS HOUSING AUTHORITY locked-tracs-contact@••••.com (Pro Unlock) |
| L46 West Fargo, ND · FHA #094-11023 | $32,376,000 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | Campbell Properties LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Aspen Lofts Apartments Grand Forks, ND · FHA #094-11026 | $18,320,000 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | Oxford Management Group LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Cottagewood Townhomes Fargo, ND · FHA #094-11031 | $15,895,000 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | Investors Management & Marketing locked-tracs-contact@••••.com (Pro Unlock) |
| Village Cooperative of Bismarck Bismarck, ND · FHA #094-23003 | $15,834,700 | LOCKOUT STEP-DOWN (10% PENALTY) | 0.0% FMR (+$0/yr) | Paramark Corp locked-tracs-contact@••••.com (Pro Unlock) |
| Arbor Courts Fargo, ND · FHA #094-11025 | $15,125,600 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | Oxford Management Group LLC locked-tracs-contact@••••.com (Pro Unlock) |
| West Creek Crossing West Fargo, ND · FHA #094-11028 | $9,732,500 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | Investors Management & Marketing locked-tracs-contact@••••.com (Pro Unlock) |
| PATTERSON PLACE Bismarck, ND · FHA #TRACS-800013445 | $9,945,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 90.0% FMR (+$49,758/yr) | The Schuett Companies, Inc. locked-tracs-contact@••••.com (Pro Unlock) |