HUD-insured apartment loans in Cortland, NY
4 properties in Cortland with 376 units have FHA-insured mortgages, owing $15.5 million in all. The median note rate is 4.645%; the lowest is 3.32% at Friendship House Apartments.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Friendship House Apartments | 100 | 3.32% | $4.8 million | 2054 |
| Cortland Park Apartments | 146 | 4.3% | $6.1 million | 2054 |
| Port Watson Commons | 72 | 4.99% | $4.5 million | 2059 |
| Northcliffe Apts | 58 | 6.5% | $142,122 | 2033 |
Most-active servicers here: Century Health & Housing Capit (2), Lument Real Estate Capital, Ll (1), Berkadia Commercial Mortgage L (1).
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 Cortland?
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.