The JLL Healthcare Capital Markets Group is pleased to have secured construction financing for the Ridgewood Orthopaedic Center in San Antonio, Texas on behalf of The San Antonio Orthopaedic Group (“TSAOG”). The 92,000 square foot medical office building will be purpose built for TSAOG as their flagship location and contain a 39,000 square foot ambulatory surgery center with eight operating rooms. Construction has commenced and completion is expected by year end of 2020.
TSAOG is the largest orthopaedic group in San Antonio with over 70 years of service and 33 physician partners.
Daniel Turley of the JLL Healthcare Capital Markets Group served as the physician group’s exclusive advisor 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.
For more information on this sale, or if we can help with your healthcare real estate needs, please contact us:
Daniel Turley
T + 214 438 6374
M +1 212 729 9327
daniel.turley@am.jll.com
Mindy Berman
T + 617 316 6539
M + 617 899 0657
mindy.berman@am.jll.com
Steve Leathers
T + 212 812 5867
M + 949 922 4195
steve.leathers@am.jll.com
Brian Bacharach
T +1 214 438 6462
M +1 214 476 3511
brian.bacharach@am.jll.com
Justin Hill
T +1 734 205 4348
M +1 419 973 1854
justin.hill@am.jll.com
Brannan Knott
T +1 617 316 6508
M +1 443 983 6039
brannan.knott@am.jll.com
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