The Sanders Trust Acquires $24.5 Million Tulsa, Oklahoma Rehabilitation Hospital
Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, announced a $24.5 million acquisition in Tulsa, Oklahoma in July 2018. Built in 2017, PAM (Post Acute Medical) Rehabilitation Hospital is a state-of-the-art, 40-bed inpatient rehabilitation hospital. With over 34 locations throughout the country, PAM is a national operator of specialty and rehabilitation hospitals focused on providing high quality post-acute care in the most efficient and cost-effective setting.
This hospital focuses primarily on inpatient medical rehabilitation for patients who have experienced a stroke, brain injury, orthopedic conditions or spinal cord injury and features a laboratory, pharmacy, aquatic therapy, dietary department with kitchen and emergency treatment unit. This location was selected as a mission critical location due to its highway visibility and shared street access with a hotel.
“The PAM Rehabilitation Hospital in Tulsa is unique for many reasons but the hospital’s location and proximity to other medical facilities was the main draw for us,” stated Rance M. Sanders, President and CEO of The Sanders Trust. “We are pleased to be involved with another one of PAM’s hospitals and to continue to grow our portfolio in such a high quality market.”
PAM Rehabilitation Hospital is located in the Shadow Ridge medical district; directly across the street is Hillcrest Hospital South and less than one mile east is Saint Francis Hospital South. Just south of PAM is the Oklahoma Heart Institute, the most advanced dedicated hospital for the prevention and treatment of heart disease in Oklahoma. Five-miles northwest of PAM is St. Francis Hospital’s main campus which includes the Heart Hospital, Joint Replacement Center and the region’s only Children’s Hospital for a total of 1,112 beds.
PAM Rehabilitation Hospital’s exact location is at 10020 South 91st Street in Tulsa, Oklahoma. The hospital is located near the intersection of two major state highways, US 169 and US 64 and within the Tulsa-Broken Arrow-Owasso Metropolitan Statistical Area.
About the Sanders Trust
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired medical properties in 25 states.
For more information on The Sanders Trust, visit www.SandersTrust.com
For more information, contact:
Krista Conlin, 205-937-3777
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