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News Release: The Sanders Trust acquires $17 million specialty hospital, entering 26th state

The Alabama-based Healthcare Real Estate Firm Acquires an Eating Recovery Center facility in Denver, Colorado

Birmingham, Ala. – The Sanders Trust, a Birmingham-based healthcare real estate and development firm, has announced the acquisition of an Eating Recovery Center facility in Denver, Colorado which marks the 26th state for the company. The $17 million property is well-located, five minutes from Denver’s Cherry Creek Mall, with more than 35 healthcare and specialty medical practices within a one-mile radius. The 34,068 SF facility located at 98 Spruce Street was built in 2010, and is operated by Denver-based, Eating Recovery Center, LLC.

The Eating Recovery Center system has become internationally recognized as the leading provider for the treatment of eating disorders including anorexia, bulimia, binge eating and other unspecified eating disorders. As the nation’s only healthcare system dedicated to the treatment of eating disorders at all levels of care, they employ a vertically integrated approach, treating all genders, ages and acuity levels. They operate a network of more than 25 facilities in 11 metro areas, treating in excess of 3,500 patients annually.

“The Eating Recovery Center facility offers healing and hope for lasting recovery to individuals and families suffering with an eating disorder and we are pleased to partner with this prominent hospital system,” stated Rance Sanders, President and CEO of The Sanders Trust. “The Sanders Trust is honored to help support Eating Recovery Center’s continuing healthcare mission.”

About The Sanders Trust

The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired medical properties in 26 states.
For more information on The Sanders Trust, visit www.SandersTrust.com.

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