Denver CO & Little Rock AR / PR Newswire – Fairfield Asset Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the successful sale of the St Vincent Medical Office Building in Lonoke, AR. The Medical Office Building is anchored by the St Vincent Hospital System with headquarters in Little Rock AR. St Vincents is part of the Catholic Health Initiatives (CHI) Health System which is the third largest faith-based Health System in the nation with over $12 Billion in annual revenue.
“We are very excited to add the St Vincent Medical Office Building to our growing list of recent closings,” said Greg Trainor, Managing Partner with Fairfield. “We were able to work directly with both the seller and the Health System to facilitate the successful sale in a short time period. The seller appreciated Fairfield’s ability to get the opportunity in front of the right, vetted buyers which maximized the sale proceeds and reduced the transaction costs. Terms of the transaction were not disclosed.
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