Tracked Assets: 29 · Total FHA Debt: $461,793,100 · Annual Section 8 Mark-Up-To-Market Upside: +$2,413,447/yr
| Property / FHA # | Original FHA Loan | 10-Yr Step-Down Status | Sec 8 Rent-to-FMR Upside | TRACS Management Agent |
|---|---|---|---|---|
| SANTA FE COMMUNITY LIVING (RAD PH Conv.) Santa Fe, NM · FHA #TRACS-800241439 | $10,285,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 52.5% FMR (+$598,062/yr) | Santa Fe Civic Housing Authority, INC davidm@sfcha.com |
| PASA TIEMPO (RAD PH Conv.) Santa Fe, NM · FHA #TRACS-800246222 | $10,285,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 48.7% FMR (+$462,475/yr) | Santa Fe Civic Housing Authority, INC edromero@sfcha.com |
| Pecos Vista Apts Carlsbad, NM · FHA #116-35178 | $27,714,600 | 1% NEAR-PAR STEP-DOWN WINDOW | 0.0% FMR (+$0/yr) | Asset Living LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Arroyo Vista Albuquerque, NM · FHA #116-35182 | $14,080,000 | 1% NEAR-PAR STEP-DOWN WINDOW | 0.0% FMR (+$0/yr) | Monarch Properties, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| Life Care Center - Farmington Farmington, NM · FHA #116-22012 | $13,222,500 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | Life Care Centers of America, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| SUN POINTE PARK APARTMENTS-Risk Share Albuquerque, NM · FHA #116-98057 | $13,000,000 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | PacifiCap Management Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| VOLCANES COMMONS Albuquerque, NM · FHA #116-35179 | $12,650,000 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | Monarch Properties, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| South Meadows Apartments (221D4) Santa Fe, NM · FHA #116-35185 | $51,470,100 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | GREP Southwest, LLC locked-tracs-contact@••••.com (Pro Unlock) |
| SAINT ANTHONYS PLAZA APARTMENTS Albuquerque, NM · FHA #TRACS-800014630 | $13,600,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 188.7% FMR (+$0/yr) | JL Gray Company, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| HOBBS APARTMENTS Hobbs, NM · FHA #TRACS-800014578 | $12,835,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 80.0% FMR (+$105,223/yr) | Monarch Properties, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| Las Ventanas Alamogordo, NM · FHA #116-11056 | $38,047,100 | HIGH-RATE VINTAGE (2023) IRR RESET | 0.0% FMR (+$0/yr) | Sunridge Management Group, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| LA RESOLANA APARTMENTS Albuquerque, NM · FHA #116-11054 | $17,600,000 | HIGH-RATE VINTAGE (2022) IRR RESET | 98.6% FMR (+$10,836/yr) | Redwood Communities Inc locked-tracs-contact@••••.com (Pro Unlock) |
| VILLA HERMOSA (RAD PH Conv) Santa Fe, NM · FHA #TRACS-800244980 | $9,860,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 50.0% FMR (+$491,961/yr) | Santa Fe Civic Housing Authority, INC locked-tracs-contact@••••.com (Pro Unlock) |
| BRICKLIGHT COURTYARD APARTMENTS Albuquerque, NM · FHA #116-11028 | $6,583,300 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | Walt Arnold Commercial Brokerage Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| South Shiprock Houses Shiprock, NM · FHA #116-11051 | $7,000,000 | LOCKOUT STEP-DOWN (4% PENALTY) | 73.0% FMR (+$487,408/yr) | JL Gray Company, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| Sandia Vista Apartments Albuquerque, NM · FHA #TRACS-800014616 | $11,730,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 81.7% FMR (+$97,472/yr) | Cesar Chavez Foundation locked-tracs-contact@••••.com (Pro Unlock) |
| Andalucia Villas Albuquerque, NM · FHA #116-11047 | $41,360,000 | LOCKOUT STEP-DOWN (3% PENALTY) | 0.0% FMR (+$0/yr) | Fairfield Property Management locked-tracs-contact@••••.com (Pro Unlock) |
| SAN ISIDRO APARTMENTS (223F) Santa Fe, NM · FHA #116-11050 | $28,900,000 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | Monarch Properties, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| Spring River Apartments Roswell, NM · FHA #116-35192 | $16,467,500 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | Asset Living LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Oak Manor Villas Hobbs, NM · FHA #116-11048 | $12,960,000 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | RPM Living LLC (fka Roscoe Properties) locked-tracs-contact@••••.com (Pro Unlock) |
| RAINTREE APARTMENTS Clovis, NM · FHA #116-35190 | $11,210,600 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | Asset Living LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Sorrento Apartments Hobbs, NM · FHA #116-11044 | $11,120,000 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | American Capital Realty Group, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| Omni-Centre Square Las Cruces, NM · FHA #116-11060 | $10,500,000 | LOCKOUT STEP-DOWN (10% PENALTY) | 0.0% FMR (+$0/yr) | Chastine Enterprises INC DBA Pinnacle Management G locked-tracs-contact@••••.com (Pro Unlock) |
| ENCINO GARDENS Albuquerque, NM · FHA #TRACS-800014569 | $14,025,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 86.7% FMR (+$106,646/yr) | Monarch Properties, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| SANGRE DE CRISTO APARTMENTS Santa Fe, NM · FHA #TRACS-800014617 | $13,940,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 97.2% FMR (+$29,422/yr) | JL Gray Company, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| MOUNTAIN VIEW III APARTMENTS Albuquerque, NM · FHA #TRACS-800014597 | $10,540,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 95.0% FMR (+$23,942/yr) | JL Gray Company, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| Raintree II Apartments Clovis, NM · FHA #116-35191 | $7,620,700 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | Asset Living LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Colina Vista Apartments Carlsbad, NM · FHA #116-35195 | $6,826,700 | LOCKOUT STEP-DOWN (5% PENALTY) | 117.0% FMR (+$0/yr) | Texas Inter-Faith Management Corporation locked-tracs-contact@••••.com (Pro Unlock) |
| Lovington Trails (Insured) Lovington, NM · FHA #116-11045 | $6,360,000 | LOCKOUT STEP-DOWN (3% PENALTY) | 0.0% FMR (+$0/yr) | Turnaround Properties, LLC locked-tracs-contact@••••.com (Pro Unlock) |