National Real Estate Advisors and Catalyst Healthcare Real Estate Invest $420 Million Across Two Portfolios
National Real Estate Advisors and Catalyst Healthcare Real Estate are investing $ 420 million in two portfolios
The portfolios consist of 40 properties totaling 1.2 million square feet in 13 states, including: Alabama, Arkansas, Connecticut, Florida, Georgia, Illinois, Indiana, Louisiana, Massachusetts, North Carolina, Tennessee, Texas, and Virginia. 92% of the portfolios are rented and 88% of the total rented space consists of health systems and regional doctor groups.
“These transactions underscore Catalyst’s commitment to building meaningful healthcare relationships,” said Chad Henderson, Founder and CEO of Catalyst. “We are grateful that National values the importance of our partnership approach. Our joint venture strives to have a positive impact on healthcare by investing strategic capital with a spirit of partnership. Closing the portfolios was an important first step for our joint venture and paves the way for the future of Catalyst, “said Henderson.
The partnership will enable Catalyst to continuously expand its portfolio of medical office buildings The United States and enable National to fulfill its mission of delivering solid, long-term returns to its customers while making communities more connected, sustainable and vibrant. For more information on the strategic partnership and portfolio assets, please visit natadvisors.com and Catalythre.com.
ABOUT NATIONAL REAL ESTATE ADVISORS, LLC
National Real Estate Advisors, LLC is a build-to-core investment manager who develops and manages large, urban commercial and multi-family projects for its institutional client accounts. National creates investment portfolios of modern real estate – apartments, offices, mixed-use, medical, industrial (including data centers), and hotels – with design features, technology enhancements, and amenities that can drive high tenant demand and create value for investors. National is an independently operated subsidiary of the National Electrical Benefit Fund (“NEBF”), a significant pension fund with substantial assets that National manages in its sole discretion. More information is available at www.natadvisors.com.
ABOUT CATALYST HEALTHCARE REAL ESTATE
Catalyst is a national full-service real estate investment company for the healthcare sector. Our platform of integrated real estate services was specially developed for the ever-evolving healthcare landscape. Our team strives to positively influence healthcare through strategic investments in development, acquisition and strategy services. For more information, please visit Catalythre.com.
SOURCE National Real Estate Advisor