Tracked Assets: 51 · Total FHA Debt: $1,121,364,000 · Annual Section 8 Mark-Up-To-Market Upside: +$2,121,018/yr
| Property / FHA # | Original FHA Loan | 10-Yr Step-Down Status | Sec 8 Rent-to-FMR Upside | TRACS Management Agent |
|---|---|---|---|---|
| CARVILLE PARK APARTMENTS Reno, NV · FHA #125-35218 | $21,256,000 | HIGH-RATE VINTAGE (2024) IRR RESET | 58.2% FMR (+$582,017/yr) | Building & Construction Trades Council of Northern Nevada carvillepark@sbcglobal.net |
| Granada and Sierra Pointe Apartments Las Vegas, NV · FHA #125-35211 | $20,440,000 | LOCKOUT STEP-DOWN (4% PENALTY) | 64.4% FMR (+$322,728/yr) | B & R Property Management jo.mcnamara@brprop.com |
| SIERRA MANOR Reno, NV · FHA #TRACS-800014714 | $12,495,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 77.8% FMR (+$206,741/yr) | Volunteers of America National Housing Corporation locked-tracs-contact@••••.com (Pro Unlock) |
| Aviana at Tuscany Reno, NV · FHA #125-11130 | $36,031,200 | 1% NEAR-PAR STEP-DOWN WINDOW | 0.0% FMR (+$0/yr) | Eklund Development, LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Venicia Spring Valley, NV · FHA #125-11127 | $32,800,000 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | Ovation Business Services dba Ovation Property Man locked-tracs-contact@••••.com (Pro Unlock) |
| Cielo Apartments Henderson, NV · FHA #125-11133 | $21,782,300 | 1% NEAR-PAR STEP-DOWN WINDOW | 0.0% FMR (+$0/yr) | WestCorp Management Group One Inc locked-tracs-contact@••••.com (Pro Unlock) |
| Parkway at Silverado Ranch Paradise, NV · FHA #125-11147 | $21,139,200 | 2% NEAR-PAR STEP-DOWN WINDOW | 0.0% FMR (+$0/yr) | KMR LLC dba Latitude Property Management and Real locked-tracs-contact@••••.com (Pro Unlock) |
| Parc West Apartments Las Vegas, NV · FHA #125-11126 | $19,976,900 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | Standard Management Company locked-tracs-contact@••••.com (Pro Unlock) |
| Horizon Seniors Henderson, NV · FHA #125-11148 | $16,591,900 | 2% NEAR-PAR STEP-DOWN WINDOW | 0.0% FMR (+$0/yr) | KMR LLC dba Latitude Property Management and Real locked-tracs-contact@••••.com (Pro Unlock) |
| Andover Place Apartments Las Vegas, NV · FHA #125-11071 | $15,840,000 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | Anza Management Co. locked-tracs-contact@••••.com (Pro Unlock) |
| Sonoma Hills Place Apartments Whitney, NV · FHA #125-11074 | $15,680,000 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | Anza Management Co. locked-tracs-contact@••••.com (Pro Unlock) |
| Las Palomas Apartments Las Vegas, NV · FHA #125-11073 | $15,200,000 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | Anza Management Co. locked-tracs-contact@••••.com (Pro Unlock) |
| Summerhill Apts Sunrise Manor, NV · FHA #125-11117 | $13,000,000 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | New Earth Residential (LLC) locked-tracs-contact@••••.com (Pro Unlock) |
| College Villas Sr. Apts. Henderson, NV · FHA #125-38003 | $12,000,000 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | Foundation Property Management, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| Parkside Gardens Apartments Sparks, NV · FHA #125-11904 | $10,169,500 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | KMR LLC dba Latitude Property Management and Real locked-tracs-contact@••••.com (Pro Unlock) |
| BALTIMORE GARDENS APARTMENTS Las Vegas, NV · FHA #TRACS-800051155 | $14,025,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 61.6% FMR (+$380,318/yr) | Cornerstone Residential LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Marlette, The Carson City, NV · FHA #125-11905 | $30,391,100 | HIGH-RATE VINTAGE (2025) IRR RESET | 0.0% FMR (+$0/yr) | Avenue5 Residential LLC locked-tracs-contact@••••.com (Pro Unlock) |
| The 95 Apartments Las Vegas, NV · FHA #125-11182 | $26,602,400 | HIGH-RATE VINTAGE (2022) IRR RESET | 0.0% FMR (+$0/yr) | Signature Management LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Woodcreek Apartments Paradise, NV · FHA #125-11192 | $20,758,200 | HIGH-RATE VINTAGE (2022) IRR RESET | 0.0% FMR (+$0/yr) | FF Properties LP locked-tracs-contact@••••.com (Pro Unlock) |
| Rabbitbrush Run Apartments Elko, NV · FHA #125-11190 | $20,566,800 | HIGH-RATE VINTAGE (2022) IRR RESET | 0.0% FMR (+$0/yr) | ISM Management Company LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Copperwood Apartments Elko, NV · FHA #125-11187 | $14,088,000 | HIGH-RATE VINTAGE (2022) IRR RESET | 0.0% FMR (+$0/yr) | ISM Management Company LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Seville Terrace Las Vegas, NV · FHA #125-22005 | $8,942,000 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | ARV Nevada Assisted Living, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| Stella Fleming Towers Las Vegas, NV · FHA #125-11124 | $6,240,000 | 0% PAR REFI UNLOCKED | 83.1% FMR (+$99,498/yr) | HAND Property Management Company locked-tracs-contact@••••.com (Pro Unlock) |
| Walker House Apartments Las Vegas, NV · FHA #TRACS-800014726 | $9,605,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 74.4% FMR (+$91,421/yr) | Eugene Burger Management Corporation locked-tracs-contact@••••.com (Pro Unlock) |
| GOLDEN I APARTMENTS Reno, NV · FHA #TRACS-800014681 | $13,515,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 82.0% FMR (+$148,576/yr) | FPI Management Inc locked-tracs-contact@••••.com (Pro Unlock) |
| CASA TIEMPO Winchester, NV · FHA #TRACS-800014663 | $11,730,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 74.7% FMR (+$96,176/yr) | B & R Property Management locked-tracs-contact@••••.com (Pro Unlock) |
| Gray Plunkett Jydstrup Senior Living Las Vegas, NV · FHA #TRACS-800014673 | $11,390,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 76.9% FMR (+$148,610/yr) | Eugene Burger Management Corporation locked-tracs-contact@••••.com (Pro Unlock) |
| CENTENNIAL PARK ARMS APARTMENTS North Las Vegas, NV · FHA #125-11095 | $3,451,000 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | Western Region Management and Real Estate LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Montebello at Summit Ridge Reno, NV · FHA #125-11168 | $83,734,000 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | FPI Management Inc locked-tracs-contact@••••.com (Pro Unlock) |
| Copper Creek Apts Paradise, NV · FHA #125-11160 | $74,990,000 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | Signature Management LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Positano Apartments Paradise, NV · FHA #125-11157 | $46,500,000 | LOCKOUT STEP-DOWN (3% PENALTY) | 0.0% FMR (+$0/yr) | Ovation Business Services locked-tracs-contact@••••.com (Pro Unlock) |
| Bridges at Victorian Square Sparks, NV · FHA #125-11180 | $43,280,000 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | FPI Management Inc locked-tracs-contact@••••.com (Pro Unlock) |
| Villas At Sunrise Mountain Sunrise Manor, NV · FHA #125-11164 | $40,000,000 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | CONAM Management Corporation locked-tracs-contact@••••.com (Pro Unlock) |
| La Serena at the Heights Henderson, NV · FHA #125-11169 | $39,443,200 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | B & R Property Management locked-tracs-contact@••••.com (Pro Unlock) |
| The Village at Wild Creek Sparks, NV · FHA #125-11159 | $36,529,300 | LOCKOUT STEP-DOWN (3% PENALTY) | 0.0% FMR (+$0/yr) | Kromer Investments Inc locked-tracs-contact@••••.com (Pro Unlock) |
| Zephyr Pointe Reno, NV · FHA #125-11161 | $34,396,300 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | FPI Management Inc locked-tracs-contact@••••.com (Pro Unlock) |
| Whittell Pointe Apartments Reno, NV · FHA #125-11165 | $33,600,000 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | FPI Management Inc locked-tracs-contact@••••.com (Pro Unlock) |
| Tesora Apartments Las Vegas, NV · FHA #125-11170 | $30,628,900 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | Ovation Business Services locked-tracs-contact@••••.com (Pro Unlock) |
| Cabrillo Apts. Spring Valley, NV · FHA #125-11177 | $30,187,800 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | WestCorp Management Group One Inc locked-tracs-contact@••••.com (Pro Unlock) |
| Desert Sky Apartments Enterprise, NV · FHA #125-11175 | $28,040,000 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | Rooster Philben, Inc, dba Stout Management Company locked-tracs-contact@••••.com (Pro Unlock) |
| Elysian at St. Rose Paradise, NV · FHA #125-11120 | $24,800,000 | LOCKOUT STEP-DOWN (3% PENALTY) | 0.0% FMR (+$0/yr) | American Management Services West LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Bay Breeze Apartments Henderson, NV · FHA #125-11162 | $16,000,000 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | Standard Management Company locked-tracs-contact@••••.com (Pro Unlock) |
| Morrell Park Apts Henderson, NV · FHA #125-11178 | $13,680,000 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | Apartment Management Consultants LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Mesquite Bluffs Apartments Mesquite, NV · FHA #125-11166 | $10,640,000 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | Mesquite Bluffs Apartment Homes locked-tracs-contact@••••.com (Pro Unlock) |
| HIGHLAND VILLAGE Henderson, NV · FHA #TRACS-800014689 | $10,200,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 121.9% FMR (+$0/yr) | B & R Property Management locked-tracs-contact@••••.com (Pro Unlock) |
| Parkway Apartments Elko, NV · FHA #125-11179 | $8,088,000 | LOCKOUT STEP-DOWN (6% PENALTY) | 0.0% FMR (+$0/yr) | Groupwest Properties Corporation locked-tracs-contact@••••.com (Pro Unlock) |
| Sunset Ridge Apartments Reno, NV · FHA #125-11176 | $7,640,000 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | The Apartment Company, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| Riverside Apartments Reno, NV · FHA #125-11171 | $7,250,000 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | FPI Management Inc locked-tracs-contact@••••.com (Pro Unlock) |
| Americana Palos Verdes Paradise, NV · FHA #125-11172 | $6,480,000 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | Rooster Philben, Inc, dba Stout Management Company locked-tracs-contact@••••.com (Pro Unlock) |
| Arthur McCants Manor Las Vegas, NV · FHA #TRACS-800014698 | $9,775,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 91.3% FMR (+$44,933/yr) | The Property Management Company, Inc. (FKA CCI, Inc.) locked-tracs-contact@••••.com (Pro Unlock) |
| WASHOE MILL APARTMENTS Reno, NV · FHA #TRACS-800014728 | $9,775,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 111.4% FMR (+$0/yr) | FPI Management Inc locked-tracs-contact@••••.com (Pro Unlock) |