Updated Sep 14, 2026
Peter Scott Of Healthcare Realty Acquires Medical Office Portfolio From Jon Hammes For $56M In NC
5936 Farrington Road
$56,000,000
Building Size
—
Asset Type
Medical Office
Closing
Sep 14, 2026
About this deal
AI
The property asset involved in this transaction is a medical office located at 5936 Farrington Road in Chapel Hill, NC. The transaction occurred for a total of $56,000,000. The asset encompasses 5 acres and includes a nearly 100,000-square-foot medical office building and a 22,261-square-foot surgery center. Additionally, the site is entitled for a 168,000-square-foot medical and office building with structured parking.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $56,000,000
- Buyer: Peter Scott - Healthcare Realty
- Seller: Jon Hammes - Hammes Partners
- Market: Chapel Hill, NC
- Brokers: Ben Appel, Jay Miele, Justin Shepherd, John Nero, Michael Greeley & Ron Ott - Newmark
- Acres: 5
The deal was facilitated by a coalition of brokers from Newmark, including Ben Appel, Jay Miele, Justin Shepherd, John Nero, Michael Greeley, and Ron Ott. Healthcare Realty's acquisition included a portfolio of medical assets located in Summerville, S.C., and Chapel Hill, N.C., from Hammes Partners, marking a significant addition to their holdings.
Players
Chapel Hill Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.28%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93