News Release: Just Closed: Community Health / Kindred Rehabilitation Hospital Construction Financing

The JLL Healthcare Capital Markets Group is pleased to announce the closing of the construction/mini-perm financing of a 44-bed, full-service rehabilitation hospital for PMB in Greenwood, Indiana.  Synovus Bank provided the financing for the facility.  The 53,560 rentable square foot inpatient rehabilitation hospital, Community Health Network Rehabilitation Hospital South, is a joint venture between Kindred and Community Health Network.  The successful partnership will deliver best in class rehabilitation services to the broader south Indianapolis community.  The hospital is scheduled to be operational during the third quarter of 2018.

PMB is one of the most experienced healthcare real estate developers of outpatient healthcare facilities in the country and provides services to health systems, hospitals, medical groups and universities. 

Daniel Turley of the JLL Healthcare Capital Markets Group served as the developer’s exclusive advisor on the transaction. 

JLL Healthcare Capital Markets

JLL Healthcare Capital Markets is the only national full service healthcare capital markets team in the real estate industry focused on medical office, hospitals, seniors housing and post-acute care. The team consistently transacts over $1 billion annually with unrivaled expertise and experience in investment sales, monetization, development debt and equity capital raise and advisory services for investor and provider clients. JLL has an extensive national and international presence that delivers local market knowledge and exceptional access to capital.

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

Daniel Turley
Executive Vice President
T +1 214 438 6374
M +1 212 729 9327

Mindy Berman
Managing Director
T +1 617 316 6539
M +1 617 899 0657

Steve Leathers
Executive Vice President
T +1 212 812 5867
M +1 949 922 4195

Brian Bacharach
Executive Vice President
T +1 214 438 6462
M +1 214 476 3511

The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE

Existing Users Log In