Captiva Club is a 136-unit apartment complex constructed in 2003 consisting of fifteen two-story apartment buildings, five single-story apartment buildings, and a single story clubhouse. The property is located in Miami, Florida. AGM obtained a $7,900,000 HUD-insured mortgage under the 223(f) program.
The way to catch a knuckleball is to wait until it stops rolling and then pick it up. – Bob Uecker In baseball, the knuckleball
In the past few weeks, the multifamily industry has seen a flood of rumors – program revisions, regulatory rollbacks, funding cuts, and changes at HUD.
The change in Administration brought with it a flood of news about agency closings, furloughs, buyouts, and the like. It’s been tough to keep up.
20 South Charles Street
Suite 1000
Baltimore, MD 21201
Phone: 410.727.2111
Toll-Free: 800.729.4266
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