SEATTLE — A partnership between Elliott Bay Capital Trust (“Elliott Bay”), a real estate investment company focused on essential healthcare properties, and its partner Pantheon, a leading global private markets investor, today announced it has acquired a net leased medical outpatient property in Little Rock, AR. The property is leased to American Oncology Network, one of the nation’s fastest-growing community-based oncology networks.
The 14,000-square-foot property is fully leased to American Oncology Network (“AON”) and operated by its affiliate, Genesis Cancer and Blood Institute (“Genesis”). As a leading community-based medical oncology and hematology practice, Genesis serves patients across 12 locations in Arkansas, providing comprehensive care for a wide range of cancers and blood disorders.
Renovated in 2024 to meet AON’s specifications, this state-of-the-art medical outpatient facility features an onsite laboratory and infusion chairs, offering essential services such as medical oncology, hematology, infusion therapy, pathology, and care coordination. Designed to enhance patient care, the facility plays a vital role in meeting the healthcare needs of the community.
“We are excited to acquire this premier healthcare facility, which meets the growing demand for essential medical services while forging a new partnership with a leading provider dedicated to serving its community,” said Christian Whipple, CEO of Elliott Bay. He added, “Strategically positioned across from CHI St. Vincent Hospital in the heart of Little Rock’s primary medical corridor, this property is ideally located to support long-term healthcare delivery.
American Oncology Network (AON) is an alliance of physicians and seasoned healthcare leaders partnering to ensure the long-term success and viability of community oncology and other specialties. Founded in 2018, AON’s rapidly expanding network represents more than 250 providers practicing across 21 states. AON pioneers’ innovative healthcare solutions through its physician-led model, fostering value-based care that improves patient outcomes while reducing costs and expanding access to quality care.
About Elliott Bay Capital Trust
Elliott Bay Capital Trust (www.elliottbaycap.com) is an integrated real estate investment platform based in Seattle, WA that acquires and manages healthcare properties across the U.S. Founded in 2013, Elliott Bay manages a diversified portfolio of outpatient medical properties nationwide leased to leading health systems, national sector-leading companies, and regional care providers.
Elliott Bay aligns with its healthcare provider partners to help unlock economic value and enhance operating flexibility while creating long-term value in each of its real estate investments.
About Pantheon
Pantheon (www.pantheon.com) has been at the forefront of private markets investing for more than 40 years, earning a reputation for providing innovative solutions covering the full lifecycle of investments. Pantheon has partnered with more than 650 clients, including institutional investors of all sizes as well as a growing number of private wealth advisers and investors, with approximately $65bn in discretionary assets under management (as of December 31, 2023). Pantheon’s dedicated real estate strategy was established in 2021 and focuses on partnering with specialized owner-operators to provide comprehensive capital solutions in needs-based property sectors that benefit from strong secular tailwinds and that offer defensive characteristics across market cycles.
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
