HUD lender profile
Cambridge Realty Capital Ltd. of Illinois: HUD multifamily lending record
HUD insured 10 multifamily loans with Cambridge Realty Capital Ltd. of Illinois as lender in FY2022-FY2026, for $134 million and 1,196 units. That is 0.2% of all HUD multifamily dollars in those years and #50 among lenders.
- HUD files it as CAMBRIDGE REALTY CAPITAL IL
- MAP On HUD's MAP lender list as of September 16, 2026
- Endorsement data run October 8, 2026
What the numbers say
In FY2026 it closed 5 HUD loans for $49.7 million, #37 by dollars.
Its HUD book is concentrated: 223(f) made up 100% of its dollars over five years.
It lent in 4 states; Pennsylvania was the largest at 24% of dollars.
Its median loan was $11.2 million, below the $14.3 million median for all HUD multifamily endorsements in the same years.
On 223(f) loans, the median time from firm commitment to initial endorsement was 130 days (10 loans), against 87 days for all lenders, 43 days slower.
4 of its 10 loans (40%) carried low-income housing tax credits, against 32% across all HUD multifamily endorsements.
HUD volume by fiscal year
- 223(f)
- New construction / sub rehab
- Other programs
| FY | Loans | Dollars | 223(f) | NC/SR | Rank | |
|---|---|---|---|---|---|---|
| FY2026 | 5 | $49.7M | 5 | 0 | #37 | |
| FY2024 | 4 | $49.0M | 4 | 0 | #35 | |
| FY2023 | 1 | $35.2M | 1 | 0 | #39 | |
| FY2019 | 1 | $3.3M | 1 | 0 | #57 | |
| FY2018 | 1 | $32.8M | 1 | 0 | #46 | |
| FY2017 | 2 | $14.6M | 0 | 0 | #53 | |
| Since FY2001 | 40 | $364M | ||||
Program columns count loans. Rank is by dollars among all HUD multifamily lenders that fiscal year.
Program mix, FY2022-FY2026
| Program | Loans | Dollars | Median loan |
|---|---|---|---|
| 223(f) purchase or refinance | 10 | $134M | $11.2M |
Where it lends
| State | Loans | Dollars |
|---|---|---|
| Pennsylvania | 4 | $32.5M |
| Illinois | 3 | $67.3M |
| Kentucky | 2 | $17.0M |
| Arizona | 1 | $17.2M |
Firm commitment to closing
Days from the firm commitment date HUD records to initial endorsement, for this lender's FY2022-FY2026 loans. This is the last stretch of a HUD deal, after underwriting is done; it is not the whole timeline from application.
- All its loans with both dates (10)
- 130 days median
- Middle half of its loans
- 91-139 days
- 223(f) (10 loans)
- 130 days
- All lenders, FHA programs, FY2022-FY2026
- 91 days
Most recent HUD endorsements
| Endorsed | Property | Program | Loan |
|---|---|---|---|
| 2026-01-22 | Bedford Tower · PA | 223(f) | $12.9M |
| 2026-01-22 | Linden Crest Apartments · PA | 223(f) | $9.0M |
| 2026-01-22 | Heritage Heights · PA | 223(f) | $6.1M |
| 2026-01-22 | Sullivan Place · PA | 223(f) | $4.6M |
| 2025-11-20 | Council House Apartments · AZ | 223(f) | $17.2M |
| 2024-09-25 | Van Buren Place · IL | 223(f) | $22.2M |
| 2024-09-25 | West Byron Place · IL | 223(f) | $9.8M |
| 2024-01-17 | Arcadia I & II · KY | 223(f) | $12.5M |
| 2024-01-17 | Arcadia III · KY | 223(f) | $4.5M |
| 2023-09-21 | Olympic Village · IL | 223(f) | $35.2M |
| 2018-12-21 | Mcgill Terrace Apartments · IL | 223(f) | $3.3M |
| 2018-03-29 | Zion Towers · MD | 223(f) | $32.8M |
Largest loans, FY2022-FY2026
| Property | Program | Loan |
|---|---|---|
| Olympic Village · IL | 223(f) | $35.2M |
| Van Buren Place · IL | 223(f) | $22.2M |
| Council House Apartments · AZ | 223(f) | $17.2M |
| Bedford Tower · PA | 223(f) | $12.9M |
| Arcadia I & II · KY | 223(f) | $12.5M |
| West Byron Place · IL | 223(f) | $9.8M |
| Linden Crest Apartments · PA | 223(f) | $9.0M |
| Heritage Heights · PA | 223(f) | $6.1M |
Its HUD servicing book today
HUD's active insured mortgage file (as of September 30, 2026) lists Cambridge Realty Capital Il as servicer on 19 apartment loans with $194 million of balance and 2,230 units. The median note rate on that book is 4.33%. 8 of the loans carry a rate under 4%. HUD lists the same name as holder of 19 loans.
- 223(f)
- 12 loans
- 223(a)(7)
- 7 loans
Largest servicing states: Illinois (11), Pennsylvania (4), Kentucky (2), Arizona (1), Maryland (1).
Compare it with the rest of the market in the HUD lender league table, see what recent loans closed at on HUD rates, or read how the 223(f) and 221(d)(4) programs work.
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