Physicians Capital Management Corp, (“Physicians Capital” or the “Company”) is pleased to announce the completion of the Company’s first acquisition – an emergency room and urgent care center operated by Riverview Health of Hamilton County, Indiana. Riverview Health Property Acquisition The Company has closed the acquisition of an 11,845 square-foot emergency room and urgent care center built in 2020 in Carmel, Indiana and operated by Riverview Health, a county owned hospital system. The purchase price of $12.25 million represents a 6.48% Cap Rate on Year 1 Net Operating Income.
Read the full article: Physicians Capital Closes Riverview Health Acquisition //
Source: https://physicianscapital.com/blog/physicians-capital-closes-riverview-health-acquisition