Upcoming Sales
August 21, 2024
On August 21, 2024, HUD will offer 16 due and payable Secretary-Held commercial mortgage loans, consisting of fifteen Section 232 healthcare loans and one Section 242 healthcare loan with a combined total unpaid principal loan balance of approximately $164 million. The mortgage loans are secured by fifteen first liens and one second lien.
HUD reserves the right to add or remove loans from HLS 2024-1.
From time to time, the U.S. Department of Housing and Urban Development (“HUD”) conducts loan sales of defaulted healthcare mortgage notes previously insured by FHA through various sale structures. The Healthcare Loan Sale program is intended to support maintaining access to healthcare in communities, reduce FHA’s claim costs, minimize the holding costs of defaulted healthcare notes, and maximize recoveries to the FHA insurance fund.
Entities interested in participating in the August 21,2024 HLS 2024-1 sealed bid auction can contact the Office of Asset Sales’ Transaction Specialist at 1-844-709-0763 or email This email address is being protected from spambots. You need JavaScript enabled to view it. for more information.
Assset Summary