On November 16, 2022, HUD will offer sixteen due and payable Secretary-Held commercial loans consisting of one Section 221(d)(4) MKT multifamily loan and fifteen Section 232 healthcare loans with a total unpaid principal loan balance of approximately $100.9 million. Loans are secured by 15 first liens and 1 second lien. HUD reserves the right to add or remove loans from MHLS 2023-1.
The U.S. Department of Housing and Urban Development (“HUD”) conducts loan sales of Multifamily and Healthcare defaulted mortgage notes previously insured by FHA through various sale structures.
- The Multifamily Loan Sale program is intended to increase the availability of affordable housing, minimize holding costs for multifamily properties, and maximize recoveries to the FHA insurance fund.
- The Healthcare Loan Sale program is intended to maintain access to healthcare in communities, reduce claim costs, minimize the holding costs of defaulted healthcare facilities, and maximize recoveries to the FHA insurance fund.
Entities interested in participating 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.