FHA-insured · 542(c) HFA risk-sharing

South End Apts Ltd Partnership

19 Saint Cyprians Pl, Roxbury, MA 02118 · 28 units

South End Apts Ltd Partnership carries a $4.4 million FHA-insured mortgage at a 6.76% note rate, endorsed by HUD on September 4, 2001 and maturing in May 2043. HUD's file put the amortized balance at $3,212,669 as of September 30, 2026, with 16 years 8 months left on the term.

Note rate
6.76%
Balance, September 2026
$3,212,669
Monthly principal and interest
$26,817
Matures
May 2043
Original amount
$4,439,400
Original amount per unit
$158,550
Term
480 months (40 years)
First payment
June 1, 2003
Initial endorsement
September 4, 2001
Final endorsement
May 6, 2003
HUD program (as filed)
542(C) HFA RISK SHARING-RECENT COMP (YHN)
FHA project number
02398047
Mortgage holder
Masshousing
Servicer
Masshousing

Insured during construction: initial endorsement September 2001, final endorsement May 2003 once the work was done. HUD's file does not show whether rent or income restrictions apply.

Would a refinance lower the payment?

This loan's 6.76% rate is above the 5.54% median on HUD apartment loans endorsed in the 12 months before September 30, 2026. At that median, on the same balance and remaining term, principal and interest would run about $25,000 a month instead of about $27,000: roughly $26,000 a year less, before mortgage insurance, closing costs and any prepayment premium in the note.

This is a risk-sharing loan, which HUD does not allow to use a 223(a)(7). The usual route is a new 223(f) loan, sized on the property's current income.

Own this property?

Send it to the commercial mortgage team at Janover Capital LLC. Say whether you are assuming, refinancing or adding a supplemental loan, and we will give you a preliminary read on what a HUD lender is likely to need. Any terms come from the lender.

Janover Capital LLC is not HUD, FHA or the lender on this loan, and is not affiliated with or endorsed by either. The loan figures on this page come from HUD's public file and are not an offer of credit.

The deal
You

Goes to the commercial mortgage desk at Janover Capital LLC, not to HUD. Prefer email? hello@hudmultifamily.loan

Other HUD-insured loans in Roxbury

All 15 in Roxbury

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Source: HUD, Insured Multifamily Mortgages, active file, current as of September 30, 2026. Street address from HUD's Insured Multifamily Properties map layer. Rates and balances are as HUD reports them; if HUD's file is wrong, this page is too. How we use the data.