Four hospitals sell for $102 million
The Atlanta Journal-Constitution
CB Richard Ellis, a real estate services group, has sold four hospitals owned by Inland American Real Estate Trust, based in Oak Brook, Ill., to Healthcare Trust of America, a real estate investment trust based in Scottsdale, Ariz.
The combined purchase price was approximately $102 million for the long term acute care hospitals that combined have 209 licensed beds.
The hospitals, all under the Select Specialty Hospital brand, are in Augusta, Dallas, Orlando and Tallahassee.
Lee Asher in Atlanta and Chris Bodnar in Denver, both with CBRE’s Healthcare Capital Markets Group, arranged for the sale.
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