About Route 232

Route 232 helps owners and operators of assisted living, memory care and nursing home buildings choose the right HUD Section 232 loan and plan around how long HUD takes. It is operated by Janover Capital LLC, a commercial mortgage capital markets advisory firm at 6401 Congress Ave., Ste. 250, Boca Raton, FL 33487, (561) 559-4111. Financing inquiries go to Janover Capital at hello@fhaassistedliving.loan, and a person there replies. Janover Capital arranges commercial-purpose financing; it is not a bank or a direct lender.

Route 232 is independent. It is not affiliated with, endorsed by or acting for HUD, FHA, CMS or any government agency.

How it is built

The program rules come from HUD Handbook 4232.1 and HUD’s notices, cited by section. The timelines, queue counts and closing rates come from three HUD sources, downloaded by script: the weekly underwriting queue report, the fiscal-year closings file and the healthcare endorsement database. Every figure shows its date. The methodology page explains how each one is measured.

What it is not

Route 232 is not HUD or FHA and doesn’t speak for them. It does not quote rates or promise timing, and nothing here is an offer to lend.

The team

Data and editing, Janover Capital LLC

Route 232 desk

The Route 232 desk reads HUD's Section 232 handbook, notices and production files, keeps the queue, timeline and rate figures current, and writes the program guides. Corrections go to hello@fhaassistedliving.loan.

Have a question?

Send it to Route 232 and we will reply by email.

Financing inquiry