News Release: Just closed: Braintree Rehabilitation Hospital and New England Rehabilitation Hospital, Boston Metro, MA

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Just closed:

Braintree Rehabilitation Hospital and
New England Rehabilitation Hospital, Boston Metro, MA

The transaction included the investment sale of the Braintree Rehabilitation Hospital and the New England Rehabilitation Hospital
The JLL Healthcare Capital Markets Group is pleased to announce the sale of the Braintree Rehabilitation Hospital in Braintree, MA and the New England Rehabilitation Hospital in Woburn, MA. Mindy Berman of the JLL Healthcare Capital Markets Group served as the seller’s exclusive advisor.

The sale involved two post-acute hospitals operated by HealthSouth Corporation under long-term absolute net leases with over 13 years of remaining term.

For more information on this sale, or if we can help with your healthcare real estate needs, please contact us.

Property type: Hospital
Sale date: November 12, 2015
Sale price: $114,500,000
Building size: 334 licensed beds
Occupancy: 100%
Mindy Berman
Managing Director
+1 617 316 6539
mindy.berman@am.jll.com
Daniel Turley
Senior Vice President
+1 617 316 6521
daniel.turley@am.jll.com
Steve Leathers
Senior Vice President
+1 212 812 5867
steve.leathers@am.jll.com
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