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.

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FHA Proposals on New MIP Premiums and Eliminating Green MIP
Late yesterday, HUD announced important proposed changes in mortgage insurance premiums (MIP) for FHA-insured multifamily loans. In a notice to be published in the Federal