Rival REITs To Combine Into $11B Medical Office Giant
Healthcare Trust of America and Healthcare Realty Trust agreed to merge into a combined pure-play medical office building REIT. The merged company would be based in Nashville, with additional corporate offices in Scottsdale and Charleston.
8-Property Fresenius Medical Care Portfolio Trades Hands For $56.5 Million
The single-tenant healthcare portfolio was purchased from Kingsbarn Realty Capital from an undisclosed buyer. Fresenius Medical Care occupies all eight of the properties located in Texas, Virginia, New York, Ohio, Georgia, and Missouri. Fresenius-occupied properties have been popular among single-tenant net lease investors.
Why Amazon and Bank of America Are Supporting Parkland’s RedBird Health Center
The development of Parkland Health’s RedBird Health Center will be joining the fight against health disparity and has two massive allies in Amazon and Bank of America. The Center aims to improve outcomes in one of the most underserved areas in the region.
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