HPA Exchange, a healthcare real estate investment sponsor created by the executive team of healthcare real estate owner and operator Healthcare Property Advisors, announced its HPA Dignity Health Arizona Delaware Statutory Trust (DST) has raised $15.4 million in equity from accredited investors and is fully subscribed.
The DST offering is composed of a full-service micro-hospital in Phoenix that is 100 percent leased to Dignity Health.
The 3.92-acre, built-to-suit property was completed in 2014 for Arizona General, a wholly owned subsidiary of Dignity Health. The micro-hospital is located in Phoenix’s submarket of Laveen Village, approximately eight miles southwest of downtown. Including 38,900 rentable square feet, the hospital includes a 24/7 emergency department, 16 patient beds, 10 emergency-room beds, two advanced operating suites for surgical procedures, a full onsite laboratory, a full radiology suite, a pharmacy and a cafeteria.
“HPA Exchange is comm
