MedEquities Realty Trust recently made its first healthcare property acquisitions, including the $51 million sale-leaseback of this facility in Kentfield, Calif.
(Photo courtesy of Kentfield Hospital)
Nashville-based MedEquities Realty Trust starts with a five-property portfolio
By Dan Larson
A new healthcare real estate investment company is joining the ever-expanding pool of healthcare real estate (HRE) investors and is making its first big dip into the market.
Nashville, Tenn.-based MedEquities Realty Trust Inc. recently announced that it has completed an initial private placement of $163.9 million of its common stock and has spent $119 million on its first healthcare property transactions.
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