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Announced

Remedy Medical Properties and Kayne Anderson to acquire a portfolio of outpatient medical assets from Welltower.

Synopsis

Remedy Medical Properties, a full-service healthcare real estate company, and Kayne Anderson, a real estate investment firm, agreed to acquire a portfolio of outpatient medical assets from Welltower, a company that provides capital to fund health care infrastructure and real estate. Financial terms were not disclosed. "As long-term investors in the medical office space, we understand the importance of scale and investing alongside experienced partners. This acquisition reinforces our position as leading institutional investors in the outpatient healthcare sector and underscores our long-standing, successful partnership with Remedy. We remain focused on building upon our history of delivering superior risk-adjusted returns for investors, while advancing the delivery of high-quality healthcare across the country," Al Rabil, Kayne Anderson Real Estate CEO.

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