HUD to Auction 11 Defaulted Healthcare Loans Worth $56M
Washington – October 15, 2026 -- The U.S. Department of Housing and Urban Development (HUD) will offer eleven defaulted Section 232 healthcare mortgage loans with a combined unpaid principal balance of about $56 million in a sealed-bid auction on November 17, 2026.
HUD bundles 11 first-lien loans in Healthcare Loan Sale 2027-1
The sale, designated HLS 2027-1, covers loans that are due and payable and held by the HUD Secretary. Each loan is secured by a first-lien mortgage on one healthcare property, giving the sale eleven properties in total.
Collateral spans nine states from California to Pennsylvania
The properties are located in California, Connecticut, Florida, Michigan, Missouri, New York, North Carolina, Oklahoma and Pennsylvania. HUD has reserved the right to add or remove loans at its discretion, so the final pool may differ from the eleven loans announced.