Companies: MedProperties closes $50 million fund

REAL ESTATE PRIVATE EQUITY FIRM EXPECTS TO ADD THREE MORE ASSETS SOON

By John Mugford

Texas Clinic at Arlington, developed by Caddis Partners in 2010, is an example of MedProperties’ strategy of providing equity to developments.
Photo courtesy of MedProperties Holdings LLC

Dallas-based MedProperties Holdings LLC recently closed its first healthcare real estate fund, an investment vehicle of about $50 million that currently includes six healthcare real estate assets.

According to officials with Med Properties, the equity firm expects to add three more assets to the fund in coming weeks. The company closed the fund, known as Med Properties Capital Partners LP, to new capital commitments on Sept. 30.

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