Sendero Capital and Angelo Gordon have closed on their first acquisition under a programmatic JV they recently formed to acquire outpatient assets. It is a 53,120-square-foot medical office building in Hamden, Conn., located in suburban New Haven and near Yale University, which has a School of Medicine and affiliation with Yale-New Haven Hospital. The two companies plan to invest $300 million in other outpatient healthcare real estate over the next two years with a focus on value-add and core-plus assets in other Northeast locations. Historically this niche has had high barriers to entry due to its concentration of healthcare businesses and strong growth.
Read the full article: Sendero, Angelo Gordon Make First Acquisition under New Healthcare JV //
Source: https://www.globest.com/2023/07/13/sendero-angelo-gordon-make-first-acquisition-under-new-healthcare-jv