HUD-insured apartment loans in Florence, AL
10 properties in Florence with 1,005 units have FHA-insured mortgages, owing $23.8 million in all. The median note rate is 3.9%; the lowest is 3.12% at Ivy Green at the Shoals Apartment Homes.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Ivy Green at the Shoals Apartment Homes | 152 | 3.12% | $5.5 million | 2053 |
| The Woodlands Apartment Homes | 105 | 3.4% | $3.6 million | 2053 |
| Fha Communities | 199 | 3.48% | $5.7 million | 2047 |
| Magnolia Gardens I & II | 214 | 3.83% | $3.3 million | 2057 |
| Montreat Apartments | 100 | 3.85% | $3.4 million | 2044 |
| Magnolia Gardens III | 21 | 3.95% | $869,215 | 2049 |
| Hermitage Oaks Apts | 50 | 4.43% | $315,926 | 2034 |
| Redfern Apartments | 80 | 5.35% | $671,614 | 2033 |
| Hermitage Knoll Apts | 24 | 6.25% | $115,581 | 2034 |
| Hermitage Place Apts | 60 | 6.6% | $409,677 | 2034 |
Most-active servicers here: Berkadia Commercial Mortgage L (5), Dwight Capital LLC (2), Highland Commercial Mortgage L (2).
Source: HUD, Insured Multifamily Mortgages, active file, current as of September 30, 2026. Grouped by the city HUD records for each property.
Buying or refinancing in Florence?
The Janover Capital desk can tell you whether an existing HUD loan can move with the property, and what a new one would size to.