Peter Westmeyer Of Remedy Medical Properties And Kayne Anderson Real Estate Acquire Medical Offices From Shankh Mitra Of Welltower For $86.9M In Danbury And Newtown

Two Riverview Drive, 40 Old Ridgebury Road, 228 White Street, 164 Mount Pleasant Road, and 170 Mount Pleasant Road, located in Danbury and Newton, CT, encompass five outpatient medical properties involved in the recent sale. The transaction was completed for a total of $86,900,000, facilitating a portfolio shift within the medical office market.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $86,900,000
• Buyer: Peter Westmeyer - Remedy Medical Properties & Kayne Anderson Real Estate
• Seller: Shankh Mitra - Welltower
• Transaction Date: 01/05/2026
• Market: Danbury & Newton, CT

Welltower, the seller, executed this transaction as part of a broader divestment strategy involving 296 assets distributed across 34 states. This sale positions Remedy Medical Properties and Kayne Anderson Real Estate as the largest owners of outpatient medical buildings in the United States, while Welltower continues to adjust its holdings in Connecticut.