Category: Medical

Property details

Bannockburn, ILlinois

NorthShore Health

Investment type

Net Lease

Asset Class

Medical

Ownership Structure

Tenancy-In-Common (TIC)

Year Acquired

2012

Investment Summary

The property consists of a 40,800 square foot medical office building leased to NorthShore University HealthSystem in Bannockburn, Illinois.

The property was originally developed in the 1970s as a commercial office building but underwent an extensive renovation in 2002-2003, which converted its use to medical.

Syndicated structured its acquisition as a Tenancy-in-Common (TIC) to accommodate investors completing a Section 1031 Exchange.

Property details

Las Vegas, nevada

United Healthcare Portfolio

Investment type

Net Lease

Asset Class

Medical

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2013

Investment Summary

Syndicated acquired a two property portfolio of medical office assets leased to United Healthcare (UHC) in Las Vegas, Nevada. The portfolio consisted of a 58,396 square foot building located on Eastern Avenue and a 49,014 square foot building located on Rancho Drive.

Syndicated structured its acquisition as a Delaware Statutory Trust (DST) to accommodate investors completing a Section 1031 Exchange.

Property details

Aurora, ILlinois

Rush Copley Medical Office

Investment type

Net Lease

Asset Class

Medical

Ownership Structure

Tenancy-In-Common (TIC)

Year Acquired

2014

Investment Summary

The property consists of a 31,244 square foot medical office building adjacent to the 98-acre, 210-bed hospital, Rush Copley Medical Campus in Aurora, Illinois.

Syndicated structured its acquisition as a Tenancy-in-Common to accommodate investors completing a Section 1031 Exchange.

Property details

Pueblo, COlorado

Veterans Affairs (VA) Clinic

Investment type

Net Lease

Asset Class

Medical

Ownership Structure

Tenancy-In-Common (TIC)

Year Acquired

2015

Investment Summary

An approximately 31,617 square foot medical office building leased to the VA and utilized as an outpatient clinic.

Syndicated structured its acquisition as a Tenancy-in-Common to accommodate investors completing a Section 1031 Exchange.

Property details

Phoenix, Arizona

Kindred Healthcare

Investment type

Net Lease

Asset Class

Medical

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2016

Investment Summary

The property consists of a three-story, 81,371 square foot medical building located on a 2.78 acre parcel at 1880 East Van Buren Street in Phoenix, Arizona, customized to specifications requested by Kindred.

The Property features 120 beds, each in a private room, and provides intensive, short-term rehabilitation therapy in bariatrics, orthopedics, cardiology, and burn care. At ground level, the Property has an open courtyard for patients and guests including outdoor rehabilitation and a dedicated outdoor therapy garden. The Property will also include a dining hall, spa, and physical therapy and rehabilitation suites.

Syndicated structured its acquisition as a Delaware Statutory Trust (DST) to accommodate investors completing a Section 1031 Exchange.