Florida And Chicago Investors Team Up To Buy Baylor Scott & White’s Frisco Medical Campus
Chicago-based Remedy Medical Properties and Boca Raton-based Kayne Anderson Real Estate purchased the 161,264-square-foot, 68-bed specialty hospital. The 7.4-acre campus is fully occupied by Texas Health Ventures Group, a joint venture between Baylor Scott & White and United Surgical Partners International. The Dallas-Fort Worth region is growing rapidly, and the Frisco market area is the epicenter of that growth.
Senior Housing Demand Continues To Outpace New Supply
Data by the National Investment Center for Seniors Housing and Care indicates that the senior housing market has been able to absorb a significantly higher number of units than were added during the third quarter of 2023. The market appears set for a steady and ongoing recovery, with occupancy levels in 2024 expected to meet or exceed pre-pandemic levels, provided no unforeseen difficulties occur.
Where The Best Deals Are In Healthcare?
An investment sales broker in Northmarq’s Nashville office says the healthcare real estate sector continues to be both resilient and attractive. He singles out urgent care facilities and dental properties as good buys.
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