facebook
Traded Co logo
Submit

National Real Estate Advisors And Catalyst Healthcare Acquire Multi-State Medical Offices For $420M

Property Image
SOLD
$420,000,000
Andrew Arreola
Craig Jones
+ 1

Florida

See Similar Deals
Single Family Residence16,000 SF
Sold 01/14/2022
the dealplayerscompscontact
Property Image
SOLD

National Real Estate Advisors And Catalyst Healthcare Acquire Multi-State Medical Offices For $420M

Naples, Florida, United States

See Similar Deals
Single Family Residence16,000 SF
Sold 01/14/2022
Andrew Arreola
Craig Jones
+ 1
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$26,250
Total Square Footage:16,000 SF
Transaction Type:Sale

A multi-state portfolio of medical offices has been sold for a total price of $420,000,000. The portfolio consists of properties located in Alabama, Arkansas, Connecticut, Florida, Georgia, Illinois, Indiana, Louisiana, Massachusetts, North Carolina, Tennessee, Texas, and Florida. The total square footage of the portfolio is 1,200,000, with an average price per square foot of $350.

Summary of transaction details:

  • Property Type: Medical Offices
  • Transaction Amount: $420,000,000

The buyer of the portfolio is National Real Estate Advisors LLC, represented by Jeffrey Kanne, and Catalyst Healthcare Real Estate, represented by Chad Henderson. This transaction highlights the involvement of these key individuals and companies in the acquisition of the medical office portfolio.

Players

4 deals$506.5M volume
BROKER


Andrew Arreola
Gulf Coast International Properties
2 deals$456M volume
BROKER

Paul Arpin
Sotheby's International Realty
1 deal$420M volume
BROKER

Details

SOLD
IMAGE: Chad Henderson & Jeffrey Kanne DATE: 01/14/2022 ADDRESS: Multi-State Portfolio MARKET: Alabama, Arkansas, Connecticut, Florida, Georgia, Illinois, Indiana, Louisiana, Massachusetts, North Carolina, Tennessee, Texas & Florida ASSET TYPE: Medical Offices BUYER: National Real Estate Advisors LLC - Jeffrey Kanne; Catalyst Healthcare Real Estate - Chad Henderson SALE PRICE: $420,000,000 SF: 1,200,000 ~ PPSF: $350

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$22,399,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$1,492,171.29
Cash-on-Cash Return-1.27%
Monthly Debt Service$1,991,014.27
Annual Debt Service$23,892,171.29