Kayne Anderson Real Estate & Remedy Medical Properties Acquire Hospital Portfolio For $251.7M From Broadstone

The Hospital Portfolio, consisting of 37 healthcare properties, was sold for $251,700,000. The properties are located in major markets such as Chicago, Houston, Charlotte, N.C., Indianapolis, Seattle, Tampa, Fla., and Arlington, Texas. They are fully leased to healthcare operators, providing steady income from ambulatory surgery centers and imaging facilities.

Summary of transation details:

• Property Type: Hospital
• Transaction Amount: $251,700,000
• Buyer: Lee Asher - Kayne Anderson Real Estate; Peter Westmeyer - Remedy Medical Properties
• Seller: John D. Moragne - Broadstone
• Broker: JLL

The acquisition of the Hospital Portfolio involved buyers Lee Asher from Kayne Anderson Real Estate and Peter Westmeyer from Remedy Medical Properties, while John D. Moragne from Broadstone served as the seller. JLL facilitated the transaction.