By admin on October 21, 2015
Transaction Overview
Healthcare Real Estate Capital (“HRE Capital”) was selected as a financial advisor to Physicians Realty Trust (“DocREIT” or “Company”) related to the sale / leaseback acquisition of a 34,537 square foot medical office building (“Asset”) in Atlantis, Florida. The single-tenant Asset is located on the campus of a 460-bed, Hospital Corporation of America affiliated hospital. The transaction was structured as a long-term sale / leaseback on an absolute net basis to a dominant regional physician practice.
HRE Capital’s Role
On behalf of DocREIT, HRE Capital facilitated the structuring of a sale / leaseback transaction involving a regional physician group that owned and operated the Asset. Leveraging its unmatched experience in the healthcare real estate capital markets, HRE Capital implemented a strategic transaction designed to meet the needs of the physician ownership group and DocREIT. Due to HRE Capital’s successful track record with the sale / leaseback of provider-owned assets and the quality of the Asset, DocREIT achieved its various goals related to timing, investment returns and overall deal structure.
Healthcare Real Estate Capital
HRE Capital is a national advisory firm focused solely on the healthcare real estate sector. Our clients include many of the nation’s top healthcare providers and developers / investors of healthcare real estate. HRE Capital’s focused model provides clients with an unmatched level of relevant experience and independent transaction analysis, structuring and execution capabilities. Providing both consultative and transaction oriented services, including asset / portfolio joint venture structuring, recapitalizations, dispositions and other related real estate advisory services, HRE Capital has completed engagements approaching $3.0 billion over the last several years.
Physicians Realty Trust
After its initial public offering in 2013, DocREIT (NYSE: DOC) became a publicly traded, self-managed healthcare real estate company organized to acquire, selectively develop, own and manage healthcare properties that are leased to physicians, hospitals and health systems. DocREIT invests in strategic healthcare real estate that is integral to providing high quality healthcare services and is affiliated with a hospital or other healthcare providers. DocREIT has invested over $1.2 billion in approximately 4.5 million square feet of healthcare real estate in 23 states. |
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
Posted in Breaking News
