Asset Sale

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.

Varennes – October 13, 2026 -- TCL Asset Group Inc. has been awarded the contract to manage the sale of surplus assets from a never-operational waste and biomass processing facility in Varennes, Quebec, with an auction scheduled for late October 2026.

Site built in 2022-2024 never ran and will become a low-carbon methanol plant

The facility sits on the south shore of the St. Lawrence River in Southwestern Quebec. It was built during 2022-2024 but was never operational. The acquired Recyclage Carbone Varennes Waste/Biomass site will be developed into North America's first large-scale low-carbon methanol production facility. TCL is managing the sale on behalf of StormFisher.

Tracy, California – October 12, 2026 -- MachineryMax will sell more than 700 lots of late-model cabinet manufacturing equipment from Volumetric Building Companies' (VBC) Tracy facility in a two-day online auction, with bidding closing October 28 and 29.

VBC releases equipment as it expands modular manufacturing capacity

VBC is selling the assets as it expands its modular manufacturing capacity. MachineryMax is running the sale with Holland Industrial Group. Targeted buyers are cabinet makers, millwork shops, furniture manufacturers and panel processors.