The transaction involved the construction-to-permanent financing of a 100 percent pre-leased medical office building located in Greendale, Indiana.
Deal Highlights
Property type: Medical Office Building
Financing: Construction-to-Permanent
RSF: 24,750
Location: Greendale, Indiana
The JLL Healthcare Capital Markets Group is pleased to secure the construction-to-permanent financing of a 100 percent pre-leased medical office building to St. Elizabeth Healthcare. Anchor Health Properties anticipates to deliver the 24,750 square foot project located in Greendale, Indiana by the beginning of 2018. First Tennessee Bank provided the construction financing. St. Elizabeth Healthcare is the sole acute care provider in the primary service area supporting a consistent inpatient market share above 77 percent. Daniel Turley of the JLL Healthcare Capital Markets Group served as the developer’s exclusive broker on the transaction.
JLL Healthcare Capital Markets
JLL Healthcare Capital Markets is the only national full service healthcare capital markets team in the real estate industry focused on medical office, hospitals, seniors housing and post-acute care. The team consistently transacts over $1 billion annually with unrivaled expertise and experience in investment sales, monetization, development debt and equity capital raise and advisory services for investor and provider clients. JLL has an extensive national and international presence that delivers local market knowledge and exceptional access to capital.
Learn more
For more information on this sale, or if we can help with your healthcare real estate needs, please contact us:
Daniel Turley
Executive Vice President
+1 617 316 6521
daniel.turley@am.jll.com
Mindy Berman
Managing Director
+1 617 316 6539
mindy.berman@am.jll.com
Steve Leathers
Executive Vice President
+1 212 812 5867
steve.leathers@am.jll.com
Brian Bacharach
Executive Vice President
+1 214 438 6462
brian.bacharach@am.jll.com
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