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CA ventures forms $245m JV with new REIT
Investors - SEPTEMBER 16, 2021

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CA ventures forms $245m JV with new REIT

by Andrea Zander

CA Health and Science Trust, (CAHST), a newly formed and externally managed private real estate investment trust (REIT) focused on the acquisition and development of value-add and core-plus medical office and life science facilities across the United States, has secured an investment of up to USD245 million from partners Davidson Kempner Capital Management LP (Davidson Kempner), Monarch Alternative Capital LP (Monarch) and CA Ventures.

Russell Brenner, president of CA Health and Science Trust, said, “CAHST’s successful launch is a sign of the compelling opportunities ahead of us as we continue to acquire, build and renovate a national portfolio of healthcare real estate assets for our tenants, providing them with premier facilities for the delivery of healthcare services and medical research.”

CAHST intends to use the proceeds from the investment for the acquisition, development and renovation of medical office and life science buildings and for general corporate

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