NEW YORK-BASED UNLISTED REIT BUYS BUILDINGS OCCUPIED BY AURORA MEDICAL
By John Mugford
ARC Healthcare Trust, an unlisted real estate investment trust (REIT) based in New York, is making its case for being one of the most aggressive buyers of medical real estate.
In July, the REIT added to its string of recent acquisitions by closing on a three-building portfolio of medical office buildings (MOBs) in Wisconsin for about $63 million, according to statistics from New York-based Real Capital Analytics (RCA) Inc.
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