106 S Cedar St

multifamily · HUD multifamily

Florence, AL, 35630

Data as of Aug 28, 2026 (this record's last observation) from Federal programme debt and subsidy; Securitised debt and banks; Assessor and registry layers; Federal tenancy. Page built Sep 25, 2026, 5:14 AM UTC and rebuilt at most every 15 minutes.

Relationships: 2
Dated events: 1
On other graphs: 0
Observed: Aug 28, 2026 to Aug 28, 2026

What matters now

in 276 months
to maturity
A $873K FHA insured mortgage loan from HIGHLAND COMMERCIAL MORTGAGE L matures Sep 2049.
a dated refinancing decision, with the lender known
Factthe loan tape, maturity confirmed

Right now

one signal names this record (all real estate signals)

#1ScheduledInferenceReal estateDebt Intelligence / affordable housing

Magnolia Gardens, Iii, Florence, AL: the PAC/202 contract expires 2027-01-26, covering 20 assisted units.

Scheduled for 2027-01-26 (scheduled); first seen by DFX 2026-08-28.

Exposure: exposure unknown
Who this matters to: Affordable housing lenders, Property owners +2
Historical: not a measured predictor

Debt Intelligence / affordable housingJan 26, 2027 · seen 27 days ago

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Address: 106 S Cedar St
County: Lauderdale
Property type: multifamily
Units: 21
Records at this address: 1derivedone street address can carry several records
Owner: Independent Living Associates of the Muscle ShoalsHUD multifamily owner record for this FHA loan, as of 2026-08-11, right on 60 of 60 loans checked by hand

Subsidised housing

HUD Picture of Subsidized Households, Q4 2025; 1 assistance contract; 20 assisted units

Magnolia Gardens Iii/Evergreen Plac

811/PRAC · contract 062HH001 · Q4 2025

Assisted units: 20
Occupied units: 19
Occupancy: 96%
Average tenant rent: $315 a month
Average HUD spend: $483 a month
Average household income: $13,225 a year
Average tenure: 105 months
Households reporting: 100%

HUD withholds tenant measures for small projects and for those with too few households reporting, so a measure missing from a contract above was not published, not zero.

Debt

programme and CMBS lending only; absence is not absence of debt

Instrument	Lender	Original	Current	Originated	Matures	Basis
FHA insured mortgage	HIGHLAND COMMERCIAL MORTGAGE L	$1.1M	$873,070	Aug 29, 2014	Sep 1, 2049	confirmed

Relationships

Owns (1)

← INDEPENDENT LIVING ASSOCIATES OF THE MUSCLE SHOALSOrganizationowner of record (HUD owner participant)
Jan 27, 1992 to presentverifiedFederal program and statistical data

Property manager of (1)

← FLORENCE HOUSING AUTHORITYOrganization
observedFederal program and statistical data

Dated events

Order

Scheduled
26 Jan 2027
Subsidy contract expiring
MAGNOLIA GARDENS, III, Florence, AL: the PAC/202 contract expires 2027-01-26, covering 20 assisted units.
Federal program and statistical data
20 assisted units

Provenance

Graph: Real Estate
Canonical id
First observed: Aug 28, 2026
Last observed: Aug 28, 2026 27 days ago
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.