News Release: Just Closed | Covenant Health MOB (Lubbock, Texas)

Berkadia Medical & Life Sciences

JUST CLOSED

Covenant Health MOB

3601 21st Street | Lubbock, TX

Berkadia Medical & Life Sciences is pleased to announce the successful closing of the Covenant Health Medical Outpatient Building, a 20,880-square-foot medical facility located in Lubbock, Texas. Vasili Davos, Sabrina Solomiany, Chris Lashmet, Eric Lee and Kyle Saifi acted as the exclusive advisors to the seller, Los Angeles-based RealtyMogul.

The three-story Property is strategically located on the campus of the 381-bed, recently expanded, Covenant Medical Center within the Lubbock Medical District. The Property is 100% leased under a long-term, absolute net lease to Covenant Health, a subsidiary of investment-grade Providence Health (S&P: A), one of the largest not-for-profit health systems in the country serving seven western states. The Property hosts a variety of medical specialties including neurosurgery and MRI/imaging functioning as a key location for outpatient care at Covenant Medical Center and stands as one of the few medical outpatient buildings not directly owned by the health system.

Founded in 2012, RealtyMogul gives individual investors access to institutional-quality commercial real estate in markets across the country. RealtyMogul members have collectively invested over $1.2 billion into more than $8 billion of real estate nationwide. In Q4 2025, RealtyMogul was acquired by The Wideman Company, positioning the platform for increased scale and expanded investment opportunities to deliver high-quality real estate offerings to investors.

For more information, or to learn more about Berkadia Medical & Life Sciences, please contact us.

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CONTACT US

HEAD OF MEDICAL & LIFE SCIENCES

SABRINA SOLOMIANY
Senior Managing Director
404.536.5054
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INVESTMENT SALES

VASILI DAVOS
Senior Director
214.360.3858
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ERIC LEE
Managing Director
763.226.8563
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CHRIS LASHMET
Managing Director
847.209.0425
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