PENSACOLA, Fla., Aug. 31, 2022– Catalyst Healthcare Real Estate (Catalyst), a full-service healthcare real estate investment firm, and National Real Estate Advisors, LLC (National), an investment manager developing and managing large-scale real estate projects on behalf of its clients, begin construction on a 51,500 square-foot inpatient rehabilitation hospital (IRH) in Orange City, Fla.
“It is our mission to align with organizations like PAM Health, who are determined to deliver better access to healthcare,” said Chad Henderson, Founder & CEO of Catalyst. “Our robust pipeline represents that shared vision, and we look forward to building on the strong foundation established through our collective efforts.”
Since establishing their programmatic partnership with PAM Health in 2021, Catalyst started construction on five IRHs across four states. Orange City was chosen as the sixth location due to favorable demographics and a lack of inpatient rehabilitation services. This one-story hospital will be in a high-traffic area and will be positioned to capture referrals from 14 hospitals within a 25-mile radius.
“PAM Health is excited to bring comprehensive care for rehabilitation patients with complex conditions to the Orange City community,” says Anthony Misitano, Founder, Chairman, and CEO. “Throughout the communities we serve, we put the patient first and provide comprehensive, individualized treatment that fosters meaningful improvement and recovery for people with injuries, illnesses, and disabilities.”
PAM Health Rehabilitation Hospital of Orange City will be 100% leased and operated by PAM Health and provide 42 inpatient beds to local residents and the surrounding communities.
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ABOUT CATALYST HEALTHCARE REAL ESTATE
Catalyst is a national, full-service healthcare real estate investment firm. Our platform of integrated real estate deliverables is specifically designed for the ever-evolving landscape of healthcare. Our team seeks to positively impact healthcare with strategic investment in development, acquisition, and strategy services. For more information, please visit catalysthre.com.
ABOUT PAM HEALTH
PAM Health (PAM) based in Enola, Pennsylvania, provides post-acute health care services through more than 70 long-term acute care hospitals and medical rehabilitation hospitals, as well as wound clinics and outpatient physical therapy locations, in 17 states. PAM is committed to providing high-quality patient care and outstanding customer service, coupled with loyalty and dedication of highly trained staff, to be the most trusted source for post-acute services in every community it serves. Its mission is to serve people by providing compassionate, expert care and to support recovery through education and research.
Learn more at pamhealth.com
ABOUT NATIONAL REAL ESTATE ADVISORS, LLC
National Real Estate Advisors, LLC (National) is an investment manager, developing, operating, and managing commercial real estate projects across the United States. Recognized as an ESG industry leader, National is focused on environmental sustainability, social responsibility, and strong governance practices to create value for investors and benefits for local communities. Founded in 2000, the firm constructs investment portfolios of modern property assets—apartment, office, mixed use, medical/healthcare, industrial (including data centers), and hospitality.
National is an independently operated subsidiary of the National Electrical Benefit Fund (“NEBF”), a substantial pension trust with a significant amount of assets that are managed by National on a discretionary basis. For more information, please visit www.natadvisors.com.
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