Fairfield Advisors announces successful closing of Napoleon Medical Building in New Orleans, LA.
– $10,500,000 Sale –
Denver CO & New Orleans LA (December 19, 2014)- Fairfield Asset Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the successful sale of the Napoleon Medical Building located at 2633 Napoleon Avenue in New Orleans. The Medical Building is 66,000 square feet and is located directly across from the Oschner Baptist Medical Center in the Central Business District of New Orleans. The tenants include Childrens Hospital along with a wide range of well-established physician practices and medical groups.
“The seller of this Medical Building took advantage of the favorable market conditions that exist right now for the monetization of Health Care Real Estate”, said Greg Trainor, Managing Partner with Fairfield. “Fairfield worked closely with the seller to position the asset and time the transaction whereby the proceeds were maximized. The process managed by Fairfield Advisors enabled the seller of this Medical Building to have different choices in selecting the right buyer. Ultimately, the process more than achieved the results the seller was looking for.”
Fairfield Advisors has closed over $146,000,000 of HealthCare Real Estate Transactions in last 15 months.
About Fairfield Advisors
Fairfield Asset Advisors is a national leader in providing a wide range of Advisory Services to the HealthCare Real Estate Marketplace.
Fairfield works directly with owners of HealthCare Real Estate for the sale of assets as well as for the sourcing of capital for debt, equity, and recapitalizations.
Fairfield works directly with Capital Sources to manage highly targeted campaigns to provide Deal Flow based on specific criteria including Geography, Deal Size, Asset Type, Tenants, and Loan Status.
For More Information please contact:
Greg Trainor
(720) 984-9113
gregt@fairfieldadv.com
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