FHA Track Record

Since 2010, Switzenbaum & Associates has financed over $110 million of its multifamily properties under the HUD 223(f), 221(d)(4) and 223(a)(7) programs.

Over a period of time when FHA has been strengthening its underwriting requirements and mortgage credit standards and implementing a National Loan Committee for large transactions, Switzenbaum & Associates has flourished and taken advantage of historically attractive interest rates and terms.

  • 2014

    Cumberland Green Apartments

    223(f); $12.3MM; 3.46% 35-YR Fixed

  • 2013

    Ashley Park Apartments

    223(a)(7)/221(d)(4); $18.8MM; 3.00% 40-YR Fixed

  • 2013

    School Bell Apartments

    223(f); $34.6MM; 2.98% 35-YR Fixed

  • 2012

    Tyvola Centre Apartments

    223(f); $28MM; 2.98%; 35-YR Fixed

  • 2010

    School Bell Apartments

    223(a)(7); $18.1MM; 3.87% 40-YR Fixed