What is it?
DirectLenderMatch classifies HUD/FHA Section 232 Healthcare Facility Mortgage under the financing form “Government-insured CRE mortgage.” Its typical use in this directory is: Finance eligible residential care facilities.
How does it work?
The structure is generally evaluated, supported, or secured using the following basis: Nursing/assisted-living facility. Exact underwriting, eligibility, terms, and availability are provider-specific and can change.
What can it be used for?
Finance eligible residential care facilities.
What backs or supports it?
Nursing/assisted-living facility.
Why does this structure exist?
This structure provides a defined way to address the financing need described above. The provider, transaction, collateral, and underwriting context determine how the structure is implemented in practice.
Important considerations
Confirm current costs, risks, licensing, eligibility, collateral treatment, recourse, tax consequences, and availability directly with the provider and appropriate professional advisers. DirectLenderMatch does not compare rates or recommend products.
Is this actually a loan?
Workbook classification: Yes. Financing forms such as leases, purchases, shared equity, advances, and guarantees may solve a funding need without being conventional loans.
Verified lenders or providers
Direct FHA/HUD lender
Greystone
Greystone has a current 2026 FHA/HUD Section 232 term sheet and recent healthcare HUD originations.
Official evidence page →Last verified: 2026-08-23
Related financing structures
HUD/FHA Section 242 Hospital Mortgage Insurance
Finance eligible hospitals
Commercial Property Assessed Clean Energy (C-PACE)
Finance energy/resilience improvements or eligible new construction
Acquisition, Development & Construction (ADC) Loan
Finance land acquisition through vertical construction
Ground Lease Financing
Finance land separately from improvements
HUD/FHA 223(f) Multifamily Acquisition/Refinance Loan
Acquire/refinance eligible multifamily
Bank Balance-Sheet CRE Permanent Mortgage
Acquire/refinance stabilized CRE