Fairfield Advisors announces sale of Medical Office Building Portfolio in Tennessee and Illinois
– $8,600,000 Transaction –
(Denver, CO. ) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of a 3 Medical Office Building portfolio in Tennessee and Illinois. The buildings were located in Jackson, TN., Lexington TN., and Aurora, IL. The Tennessee buildings have a well-established Heart and Vascular group as the main tenant while the the Aurora, IL. MOB has Advocate Health System as its main tenant. Advocate Health is the largest health system in the state of Illinois.
“This was one of the most complex transactions that Fairfield Advisors has completed” said Greg Trainor, Managing Partner with Fairfield. “There was a significant variance between these buildings in terms of tenancy, lease term, location, and debt profile. We worked closely with both the seller and the buyer to define a deal structure to that was beneficial to all parties.”
Fairfield Advisors has closed on $479,000,000 of HealthCare Real Estate transactions.
Are you looking to sell or refinance your Medical Office Building ? Please contact Greg Trainor at gregt@fairfieldadv.com / (720) 984-9113
ABOUT FAIRFIELD ADVISORS
- Fairfield Advisors is a national Advisory firm that provides a wide range of Capital Advisory solutions for the HealthCare Real Estate marketplace
- Fairfield Advisors works directly with owners of HealthCare Real Estate for the sale of assets as well as sourcing capital for Debt, Equity, and Development.
- Fairield Advisors works directly with Capital Sources to manage highly targeted campaigns to increase Deal Flow based on specific criteria such as geography, tenancy, and deal size
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