The partner is an ‘off-shore, new entrant institutional investor;’ Newmark facilitated the deal
By Murray W. Wolf
DALLAS – Big Sky Medical Real Estate, a Dallas-based healthcare real estate (HRE) investment management firm led by well-known industry veteran Jason L. Signor, announced this morning that it has formed a $1 billion joint venture (JV) with “an off-shore, new-entrant, institutional investor.”
The new venture, which seeks to acquire medical office buildings (MOBs) and surgery centers, was seeded by a $400 million-plus MOB portfolio that was aggregated by the Big Sky Medical platform during the past year. The formation of the JV was facilitated by Big Sky and the Healthcare Capital Markets and International Capital Markets teams of Newmark Group Inc. (Nasdaq: NMRK).
In an exclusive interview with HREI, Mr. Signor, founder and CEO of Big Sky, said
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