City Of Hope Acquires Cancer Treatment Centers Of America Medical Facility For $390M
Cancer Treatment Centers of America, Chicago - CTCA, Elisha Avenue, Zion, IL, USA
$390,000,000
Building Size
—
Asset Type
Other
Closing
Dec 8, 2021
AI
A medical facility in Cancer Treatment Centers of America is currently under contract in Atlanta, Chicago, and Phoenix. The property is of significant value and is being purchased by the City of Hope, represented by Robert Stone. The sale price for the property is set at $390,000,000.
Summary of transaction details
- Property Type: Medical Facility
- Transaction Amount: $390,000,000
- Date: 12/08/2021
- Market: Atlanta, Chicago & Phoenix
- Buyer: City of Hope - Robert Stone
City of Hope, represented by Robert Stone, has made a significant investment in the medical facility located in Cancer Treatment Centers of America. The transaction is currently under contract and is set to bring valuable medical services to the communities in Atlanta, Chicago, and Phoenix.
Players
Zion Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.04%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93