The 44-bed, 56,220-square foot, inpatient PAM Rehabilitation Hospital of Centennial Hills in northwest Las Vegas will be leased to Post-Acute Medical, an operator of specialty, rehabilitation and surgical hospitals
PAM Rehabilitation Hospital of Centennial Hills in northwest Las Vegas
LAS VEGAS and PALM BEACH GARDENS, Fla., April 25, 2018 – Sina Companies announces the completion of the PAM Rehabilitation Hospital of Centennial Hills, a 44-bed inpatient rehabilitation hospital in Las Vegas. Construction of the 56,220 square foot facility was completed and it started seeing patients in January.
Curtis Cupp, Senior Vice President of Palm Beach Gardens-based Sina Companies, led the development and construction management services for the project from initial design and city approvals to general contractor oversight and closeout/punch list. This project joins Sina’s existing Centennial Hills Center, a 24-acre medical and supportive use campus located in northwest Las Vegas.
The facility is 100 percent leased to an affiliate of Post Acute Medical LLC (PAM). Enola, Pa.-based PAM was founded in 2006 and operates 32 hospitals throughout the country including specialty hospitals, rehabilitation hospitals and surgical hospitals.
Sina Companies’ capital partner on the project was Carter Validus Mission Critical REIT II Inc., a public, non-traded company based in Tampa, Fla. This is Sina Companies’ first project with Carter Validus and Post Acute Medical.
Robert Sina, a Principal of Sina noted “We appreciated the opportunity in working with Post Acute Medical and Carter Validus in the development of this important project in the northwest Las Vegas market.”
About Sina Companies
Sina Companies is a nationally recognized developer of medical real estate. A full-service real estate company, Sina Companies is headquartered in Palm Beach Gardens, Fla. SINA’s team has developed more than 7 million square feet and acquired over 1.7 million square feet of medical and related real estate in the past 30 years. Sina’s objective is to support healthcare providers to more effectively address the issues associated with developing and managing real estate assets in today’s changing healthcare market. For more information, contact Robert Sina, robert@sinacompanies.com, or visit us at www.sinacompanies.com.
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