Healthcare Realty Trust Sold 6-Property Healthcare Portfolio Across 3 States

HealthSouth Rehabilitation Hospital of Austin
Photo credit: Courtesy of JLL
Healthsouth Rehabilitation Hospital Of Austin

Healthcare Realty Trust sold six inpatient rehabilitation hospitals across three states and two transactions. Global Medical REIT and Carter Validus Mission Critical REIT purchased three hospitals each for a combined acquisition price of $138M. 

The 376 beds are spread across Austin, Dallas and Beaumont, Texas; Mechanicsburg and Altoona, Pennsylvania; and Mesa, Arizona.

JLL managing director Mindy Berman, executive vice presidents Daniel Turley and Steve Leathers, and vice president Brannan Knott repped Healthcare Realty Trust. 

The properties are post-acute rehab facilities with national operators near acute care hospitals, Berman said. The hospitals are operated by HealthSouth and Post Acute Medical. 

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

KKR-Affiliated Data Center Developer CyrusOne Names New CEO

DFW Office Footprints Likely To Shrink As AI Use Increases And Companies Battle For Talent

Jerry Jones Sells Frisco Office Tower To Hobbs Brook: The DFW Deal Sheet

Can The Dallas Stars' $3B Arena District Draw More Companies To Plano?

Rockbrook Equity Buys Infill Industrial Tract In Great Southwest Submarket: The DFW Deal Sheet

Brookfield, Healthpeak Form $2.1B Medical Office Joint Venture

Financing Secured For Luxury Uptown Dallas Multifamily Tower

'Terrell's Turn': How A Once-Sleeper Town Is Emerging As A New DFW Retail Hub

Philly University To Open New Medical School Campus In Allentown

DFW On Track For Fourth Straight Record Year For Retail Occupancy

One If By Hyperscale, 2 If By Colocation: Texas Prepares For A Data Center 'Invasion'