July 13, 2023

Multifamily and Healthcare Loan Sale – MHLS 2023-2

On August 30, 2023, HUD will conduct the sale of 10 multifamily and healthcare defaulted mortgage notes – nine notes secured by nine healthcare assets and one note secured by one multifamily assets. For more information on the August 30, 2023 MHLS 2023-2 sale please contact Falcon Capital Advisors at 1-844-709-0763, by email at HUDsales@falconassetsales.com or visit their sales website at: https://www.falconassetsales.com/.  Qualification information can be found at https://market.missioncap.com/

May 19, 2023

Expanding Opportunities for Affordable Housing Through HUD Loan and Property Sales (YouTube video)  /  (Power Point slide deck)

May 2, 2023

March 2023 Post-Sale Results Report

HVLS Post-Sale Results Report Available (HVLS Creport_March)

The Department has released its latest post-sale results report. This report captures data on the loans sold in the HUD-Held Vacant Loan Sales (HVLS).

The HUD Library Appendices for the March 2023 Post-Sale Results Report (HVLS Creport Library file)

April 14, 2023

Announcing the HUD-Held Vacant Loan Sale (“HVLS 2023-1”)

The U.S. Department of Housing and Urban Development (“HUD”) has announced HUD-Held Vacant Loan Sale 2023-1 (“HVLS 2023-1”)

On May 23, 2023, HUD will offer multiple residential mortgage loans consisting of approximately 1,237 notes and loan balance of approximately $319 million. The sale will consist of due and payable HUD-Held loans. The loans are first liens secured by home equity conversion mortgages (HECM’s) securing 1- to 4-unit, vacant residential properties where all borrowers and any non-borrowing spouses are deceased.

Up to fifty percent of the mortgage loans being offered in HVLS 2023-1 may be awarded on a priority basis to nonprofit organizations and governmental entities with a documented housing mission.

The U.S. Department of Housing and Urban Development’s Office of Asset Sales HUD-Held Vacant Loan Sales seek to increase affordable housing supply, expand opportunities for homeownership and rental housing, and revitalize communities through encouraging the disposition of these notes in a manner that achieves mission outcomes, including:

• Selling properties to low- to moderate-income homebuyers at a price affordable to households earning less than 120 percent of the Area Median Family Income; and
• Leasing properties at rents affordable to households earning less than or equal to 80 percent of the Area Median Family Income.

Entities interested in participating can contact the Office of Asset Sales’ Transaction Specialist at 1-844-709-0763 or email HUDSales@falconassetsales.com for more information.

September 2022 Post-Sale Results Report

HVLS Post-Sale Results Report Available

The Department has released its latest post-sale results report. This report captures data on the loans sold in the HUD-Held Vacant Loan Sales (HVLS).

The HUD Library Appendices for the September 2022 Post-Sale Results Report

October 5, 2022

Announcing the HUD-Held Multifamily Healthcare Loan Sale 2023-1

The U.S. Department of Housing and Urban Development (“HUD”) has announced Multifamily Healthcare Loan Sale 2023-1 (“MHLS 2023-1”).

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 Transaction Specialist for the sale is Falcon Capital Advisors: https://www.falconassetsales.com/. Interested parties may contact: Transaction Specialist at 1-844-709-0763 or email HUDSales@FalconAssetSales.com

Additional information about the sale can be found at https://www.falconassetsales.com/asset-sales/upcoming-sales

View Sales Notice