Daniel Eisenstadt Of Terramed Real Estate Solutions Acquires Wellington Hospital For $9.27M
13125 Southfields Road
$9,270,000
$589/SF
Building Size
15,719 SF
Asset Type
Hospital
Closing
Mar 19, 2026
AI
The property asset involved in the transaction is a hospital located at 13125 Southfields Road in Wellington, consisting of 1.4 acres. The facility, known as the Palm Beach Equine Clinic, spans 15,719 square feet and was acquired for a total price of $9,270,000, resulting in a price per square foot of $590.
Summary of transaction details:
- Property Type: Hospital
- Transaction Amount: $9,270,000
- Address: 13125 Southfields Road
- Market: Wellington
- Square Footage: 15,719
- Price Per Square Foot: $590
- Acres: 1.4
- Buyer: Daniel Eisenstadt
- Buyer's Company: Terramed Real Estate Solutions
Terramed Real Estate Solutions has expanded its specialized healthcare real estate portfolio with this acquisition, marking the firm's fifth veterinary property. The facility serves elite equestrian athletes with advanced surgical and diagnostic capabilities and is strategically located near major equestrian venues.
Wellington Hospital Market Snapshot
Boundary boundary · Hospital · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93