Corum Asset Management has acquired WelbeHealth Fresno Center, an 18,869-square-foot, class A PACE medical facility in Fresno, Calif.
JLL represented the seller, Turner Impact Capital’s Turner Healthcare Facilities Fund, and procured the buyer. The sale marks the first transaction between JLL and Corum in the United States.
WelbeHealth – Fresno Center was initially built in 1975 and renovated in 2020. The fully leased facility is part of the PACE (Program of All-Inclusive Care for the Elderly) healthcare program, providing comprehensive medical and social services to elderly individuals who are eligible for nursing home-level care but wish to continue living in their own homes
Services at the WelbeHealth-Fresno Center location include medical care, coordination, prescriptions, in-home care, dental, vision, hearing, transportation, physical and occupational therapy, social activities and meals.
“The Welbe Health deal is one of two U.S. healthcare ass
