News Release: The Sanders Trust Acquires $17 Million Inpatient Rehabilitation Hospital in South Bend, Indiana

PressReleaseIconBirmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies located in Birmingham, Ala. announces their latest acquisition of the real estate assets associated with the Saint Joseph Rehabilitation Institute, a 40-bed inpatient rehabilitation hospital in Mishawaka, IN. The roughly 46,000 square foot facility is on the Elm Road Medical Campus which offers  medical services to patients of the Saint Joseph Regional Medical Center, South Bend Orthopedics and other area providers.

“We are very pleased to add the Saint Joseph Rehabilitation Institute to our expanding portfolio of  healthcare real estate assets, especially in an area that is a vital hub for medical services for the greater South Bend, IN marketplace,” said Rance Sanders, President and CEO of The Sanders Trust. “This acqusition fits perfectly with our strategy of acquiring and developing  strategically located healthcare delivery facilities.”

Saint Joseph’s Hospital was the first institution in South Bend to care for the sick, and was established in 1882 by the Sisters of Holy Cross. Today, the Saint Joseph Regional Medical Center is a Ministry Organization of Trinity Health, the fourth largest healthcare system in the country.

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