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

Tracked Assets: 41 · Total FHA Debt: $717,717,307 · Annual Section 8 Mark-Up-To-Market Upside: +$176,758/yr

Property / FHA #Original FHA Loan10-Yr Step-Down StatusSec 8 Rent-to-FMR UpsideTRACS Management Agent
Hillcrest Cottages
Papillion, NE · FHA #103-22065
$23,373,6002% NEAR-PAR STEP-DOWN WINDOW0.0% FMR (+$0/yr)Hillcrest Health Systems Inc
kmulhearn@hillcresthealth.com
EAST LAKE FLATS APARTMENTS
Lincoln, NE · FHA #103-35170
$21,228,1000% PAR REFI UNLOCKED0.0% FMR (+$0/yr)The Lund Company
jlund@lundco.com
Aksarben Assisted Living
Omaha, NE · FHA #103-43055
$14,512,5000% PAR REFI UNLOCKED0.0% FMR (+$0/yr)Dial Senior Management Inc
locked-tracs-contact@••••.com (Pro Unlock)
Hilcrest Health & Rehab
Bellevue, NE · FHA #103-22038
$14,348,9000% PAR REFI UNLOCKED0.0% FMR (+$0/yr)Hillcrest Health Systems Inc
locked-tracs-contact@••••.com (Pro Unlock)
PARK RIDGE APARTMENTS
Lincoln, NE · FHA #103-11078
$13,118,2001% NEAR-PAR STEP-DOWN WINDOW0.0% FMR (+$0/yr)Century Sales & Management LLC
locked-tracs-contact@••••.com (Pro Unlock)
SORENSEN APARTMENTS
Omaha, NE · FHA #103-35176
$12,120,0002% NEAR-PAR STEP-DOWN WINDOW0.0% FMR (+$0/yr)Seldin LLC
locked-tracs-contact@••••.com (Pro Unlock)
LEXINGTON RIDGE APARTMENTS
Lincoln, NE · FHA #103-11056
$12,000,0000% PAR REFI UNLOCKED0.0% FMR (+$0/yr)Century Sales & Management LLC
locked-tracs-contact@••••.com (Pro Unlock)
BLAIR HIGH RESIDENCES
Omaha, NE · FHA #103-35172
$16,603,5001% NEAR-PAR STEP-DOWN WINDOW0.0% FMR (+$0/yr)Clarity Real Estate Company LLC
locked-tracs-contact@••••.com (Pro Unlock)
BUNGALOWS ON THE LAKE AT PRAIRIE QUEEN
Omaha, NE · FHA #103-11106
$26,600,000HIGH-RATE VINTAGE (2022) IRR RESET0.0% FMR (+$0/yr)Mobile on Demand Storage Inc
locked-tracs-contact@••••.com (Pro Unlock)
EDGE 204
Omaha, NE · FHA #103-11114
$22,687,600HIGH-RATE VINTAGE (2023) IRR RESET0.0% FMR (+$0/yr)Asset Living Midwest LLC
locked-tracs-contact@••••.com (Pro Unlock)
SOUTHWEST VILLAGE APARTMENTS
Lincoln, NE · FHA #103-35195
$22,312,100HIGH-RATE VINTAGE (2022) IRR RESET0.0% FMR (+$0/yr)DP Management LLC
locked-tracs-contact@••••.com (Pro Unlock)
Northern Lights Apartments
Lincoln, NE · FHA #103-11117
$21,238,700HIGH-RATE VINTAGE (2025) IRR RESET0.0% FMR (+$0/yr)Century Sales & Management LLC
locked-tracs-contact@••••.com (Pro Unlock)
Fallbrook Assisted Living and Memory Care
Lincoln, NE · FHA #103-22076
$13,317,400HIGH-RATE VINTAGE (2022) IRR RESET0.0% FMR (+$0/yr)MJ Senior Housing LLC
locked-tracs-contact@••••.com (Pro Unlock)
TIMBERLINE APARTMENTS
Lincoln, NE · FHA #103-11107
$13,017,700HIGH-RATE VINTAGE (2022) IRR RESET0.0% FMR (+$0/yr)Century Sales & Management LLC
locked-tracs-contact@••••.com (Pro Unlock)
Aksarben Village Phase II
Omaha, NE · FHA #103-22071
$10,800,000HIGH-RATE VINTAGE (2025) IRR RESET0.0% FMR (+$0/yr)Dial Senior Management Inc
locked-tracs-contact@••••.com (Pro Unlock)
TIP TOP APARTMENTS
Omaha, NE · FHA #103-11048
$9,579,5000% PAR REFI UNLOCKED0.0% FMR (+$0/yr)Tip Top Management, LLC
locked-tracs-contact@••••.com (Pro Unlock)
THE BANK
Omaha, NE · FHA #103-11053
$9,390,4000% PAR REFI UNLOCKED0.0% FMR (+$0/yr)Heistand Properties, LLC
locked-tracs-contact@••••.com (Pro Unlock)
Shalimar Gardens Assisted Living
Fremont, NE · FHA #103-22033
$8,461,9000% PAR REFI UNLOCKED0.0% FMR (+$0/yr)Heritage Management Services Inc
locked-tracs-contact@••••.com (Pro Unlock)
Elk Ridge Assisted Living
Elkhorn, NE · FHA #103-22036
$7,875,2000% PAR REFI UNLOCKED0.0% FMR (+$0/yr)Dial Senior Management Inc
locked-tracs-contact@••••.com (Pro Unlock)
MYSTIC PINES APARTMENTS
Lincoln, NE · FHA #103-11059
$7,833,6000% PAR REFI UNLOCKED0.0% FMR (+$0/yr)Century Sales & Management LLC
locked-tracs-contact@••••.com (Pro Unlock)
House of Hope/Royale Oaks
Omaha, NE · FHA #103-22070
$6,827,500LOCKOUT STEP-DOWN (4% PENALTY)0.0% FMR (+$0/yr)Midwest Geriatrics
locked-tracs-contact@••••.com (Pro Unlock)
MERCY CRESTVIEW VILLAGE
La Vista, NE · FHA #TRACS-800013565
$13,090,0000% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT)70.2% FMR (+$47,687/yr)Mercy Housing Management Group, Inc.
locked-tracs-contact@••••.com (Pro Unlock)
The 8801
Lincoln, NE · FHA #103-35189
$37,340,200LOCKOUT STEP-DOWN (5% PENALTY)0.0% FMR (+$0/yr)The Lund Company
locked-tracs-contact@••••.com (Pro Unlock)
OLD MARKET LOFTS
Omaha, NE · FHA #103-11102
$34,849,200LOCKOUT STEP-DOWN (5% PENALTY)0.0% FMR (+$0/yr)Elevate Property Management LLC
locked-tracs-contact@••••.com (Pro Unlock)
EAST LAKE FLATS, PHASE II
Lincoln, NE · FHA #103-35182
$27,964,300LOCKOUT STEP-DOWN (3% PENALTY)0.0% FMR (+$0/yr)The Lund Company
locked-tracs-contact@••••.com (Pro Unlock)
OLDE TOWNE TOWNHOMES
Omaha, NE · FHA #103-35190
$26,109,000LOCKOUT STEP-DOWN (5% PENALTY)0.0% FMR (+$0/yr)Block Multifamily Group LLC
locked-tracs-contact@••••.com (Pro Unlock)
THE OAKS AT LAKEVIEW
Ralston, NE · FHA #103-35188
$24,720,200LOCKOUT STEP-DOWN (4% PENALTY)0.0% FMR (+$0/yr)Seldin LLC
locked-tracs-contact@••••.com (Pro Unlock)
BROOKSIDE APARTMENTS AT FALLBROOK
Lincoln, NE · FHA #103-11091
$24,225,000LOCKOUT STEP-DOWN (4% PENALTY)0.0% FMR (+$0/yr)Century Sales & Management LLC
locked-tracs-contact@••••.com (Pro Unlock)
ELK HILLS APARTMENTS
Elkhorn, NE · FHA #103-11099
$22,880,000LOCKOUT STEP-DOWN (4% PENALTY)0.0% FMR (+$0/yr)J Management Company LLC
locked-tracs-contact@••••.com (Pro Unlock)
VILLAGE WEST APARTMENTS
Lincoln, NE · FHA #103-35185
$22,707,707LOCKOUT STEP-DOWN (4% PENALTY)0.0% FMR (+$0/yr)Century Sales & Management LLC
locked-tracs-contact@••••.com (Pro Unlock)
DEER CREEK TOWNHOMES
Omaha, NE · FHA #103-35187
$22,327,400LOCKOUT STEP-DOWN (4% PENALTY)0.0% FMR (+$0/yr)Block Multifamily Group LLC
locked-tracs-contact@••••.com (Pro Unlock)
TORREY PINES APARTMENTS
Omaha, NE · FHA #103-11101
$21,920,000LOCKOUT STEP-DOWN (5% PENALTY)0.0% FMR (+$0/yr)Elevate Property Management LLC
locked-tracs-contact@••••.com (Pro Unlock)
THE FLATS AT 5TH
Columbus, NE · FHA #103-35183
$21,835,700LOCKOUT STEP-DOWN (4% PENALTY)0.0% FMR (+$0/yr)Asset Living Midwest LLC
locked-tracs-contact@••••.com (Pro Unlock)
VICTORY VILLAGE APARTMENTS
Norfolk, NE · FHA #103-35184
$20,486,700LOCKOUT STEP-DOWN (4% PENALTY)0.0% FMR (+$0/yr)DP Management LLC
locked-tracs-contact@••••.com (Pro Unlock)
TAMARIN RIDGE
Lincoln, NE · FHA #103-11104
$19,600,000LOCKOUT STEP-DOWN (5% PENALTY)0.0% FMR (+$0/yr)The Lund Company
locked-tracs-contact@••••.com (Pro Unlock)
Knolls Assisted Living
Lincoln, NE · FHA #103-43058
$15,734,900LOCKOUT STEP-DOWN (3% PENALTY)0.0% FMR (+$0/yr)Dial Senior Management Inc
locked-tracs-contact@••••.com (Pro Unlock)
PAVILION AT TWIN CREEK
Bellevue, NE · FHA #103-11103
$14,278,300LOCKOUT STEP-DOWN (5% PENALTY)0.0% FMR (+$0/yr)SC Bodner Company, Inc.
locked-tracs-contact@••••.com (Pro Unlock)
TIMBERCREEK APARTMENTS
Omaha, NE · FHA #TRACS-800216034
$15,300,0000% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT)91.9% FMR (+$6,351/yr)Mercy Housing Management Group, Inc.
locked-tracs-contact@••••.com (Pro Unlock)
ELK HILLS APARTMENTS, PHASE II
Elkhorn, NE · FHA #103-11093
$9,840,000LOCKOUT STEP-DOWN (4% PENALTY)0.0% FMR (+$0/yr)J Management Company LLC
locked-tracs-contact@••••.com (Pro Unlock)
GLENBROOK TOWNHOUSES
Lincoln, NE · FHA #103-35191
$6,337,300LOCKOUT STEP-DOWN (4% PENALTY)89.1% FMR (+$50,630/yr)COHEN-ESREY REAL EST SERV INC
locked-tracs-contact@••••.com (Pro Unlock)
CAPITOL VIEW TOWER APTS (L-E-W)
Lincoln, NE · FHA #TRACS-800013617
$8,925,0000% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT)87.2% FMR (+$72,090/yr)Silver Tree Residential LLC
locked-tracs-contact@••••.com (Pro Unlock)
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