Tennessee is ready to be the global center of healthcare. Nashville’s concentration of companies, CEOs and technology expertise all contribute to the city’s perfect storm. And now Oracle will be part of the Nashville healthcare family and will most likely create a new family tree.
The new real estate investment sponsor will provide accredited investors with private placement opportunities anchored by medical properties and will initially focus on Section 1031 exchange offerings. The firm will target HRE within secondary growth markets that exhibit strong operating fundamentals, stable health system environments, and a growing aging population.
A $100 million gift will help Children’s Health and UT Southwestern to go even further on its path towards a new $5 billion hospital campus. Construction on the new campus that will have two 12-story towers and an eight-story tower with 552 inpatient beds, begins in 2024, with a potential opening in 2031.
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