News Release: Announcement – $15,800,000 Capital for Medical Office Development / Fairfield Advisors

(Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, sourced $15,800,000 of capital for the development of a new Medical Office Building and Surgery Center in Hendersonville, NC. which is in the Asheville-area. When completed, the building will be have 3 floors and total 60,000 square feet. A state-of-the-art Orthopedic Surgery Center will be housed on the 2nd floor. The anchor tenants in the building will be Advent Hospital System and a well-established, local Orthopedic practice. It is expected that the building will open towards the end of 2024.

“The environment for getting the right capital in place for acquisitions, refinancing, and development projects is a challenge given the volatility of the debt and equity marketplaces.” said Greg Trainor, Managing Partner. “We were able to access our network of capital sources to get the required capital in place in a timely manner so that construction could start giving the tenants confidence they can move into the new building at their required deadline.”

Fairfield Advisors has closed on $982,000,000 of HealthCare Real Estate transactions.

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.

Fairfield 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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