HUD Announces Healthcare Loan Sale 2026-1
The U.S. Department of Housing and Urban Development (HUD) has revealed plans for a major auction event aimed at bolstering healthcare accessibility across several states. Scheduled for
October 22, 2025, this sale will feature
eight non-performing commercial mortgage loans that are currently held by the Secretary of HUD. All of these loans are part of the Section 232 program and pertain to healthcare facilities.
The loans included in this portfolio have a remarkable
unpaid principal balance totaling approximately $58 million. They are secured by
first-lien mortgages on healthcare facilities spread across
Connecticut, Illinois, Maine, Missouri, and Minnesota. This initiative reflects HUD's ongoing efforts to ensure that crucial healthcare services remain accessible to local communities.
HUD retains the discretion to modify the list of loans, either by adding or removing loans from the auction, allowing for flexibility in the offerings available to potential bidders.
In past events, HUD has routinely overseen loan sales concerning defaulted healthcare mortgage notes that were previously insured by the Federal Housing Administration (FHA). Such sales have proven beneficial in various ways:
- - Maintaining Access: The revenue generated assists in keeping essential healthcare services running in local communities.
- - Reducing Costs: By selling defaulted loans, HUD minimizes the costs associated with holding non-performing assets.
- - Maximizing Recoveries: The process aids in boosting recoveries directed towards the FHA insurance fund, ensuring its sustainability for future use.
Entities interested in being part of the auction on October 22 can seek further details by reaching out directly to the Office of Asset Sales. Prospective buyers can contact the
Transaction Specialist at
1-844-709-0763 or email
[email protected] for more comprehensive information regarding the auction process and loan details.
In conclusion, this upcoming auction marks an essential step in HUD's broader mission to promote healthcare financing. By facilitating these loans' sale, HUD is not only enhancing liquidity for its portfolio but also expanding the service options available to communities that rely on such healthcare facilities for their well-being. The timely sale of these non-performing loans can reinvigorate the healthcare landscape in the involved states while providing substantial benefits to the FHA insurance fund.
For more information, interested parties are encouraged to visit the website
www.falconassetsales.com, where they can find additional insights into the healthcare loans available for auction and guidelines for participation.