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Cabana Club Apartments

FHA QPE Risk Sharing (542b)

Endorsed June 16, 2020

FHA #06697266

Deal Details

Location: Cutler Bay, Florida
Mortgage Amount: $38.9M
Units: 334
Program: QPE Risk Sharing (542b)
Lender: FEDERAL NATIONAL MORTGAGE
Fiscal Year: FY2020
LIHTC: Yes

Current Loan Status

Active

Outstanding Balance: $35.1M($38.9M original)
Interest Rate: 3.23%
Maturity: May 2036(10 years remaining)
Original Term: 16 years
Holder: FEDERAL NATIONAL MORTGAGE
Servicer: FEDERAL NATIONAL MORTGAGE

Source: HUD BF90 Active Insured Mortgages · Data as of February 2026

Data Sources

Endorsement data: HUD FHA Multifamily Firm Commitments and Endorsements Database

Active loan data: HUD BF90 Active Insured Mortgages, as of February 2026

hud.gov multifamily data

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