Lincoln Property Co., a global, full-service real estate firm, and PGIM’s real estate business, a real estate investment manager, have announced the formation of a strategic joint venture partnership to pursue outpatient medical investments across the United States.
The joint venture was arranged by BlackBirch Capital, and it establishes a multiyear, national investment vehicle aimed at driving sustained growth and meaningful scale for both partners in the healthcare real estate sector. The partnership was formed to aggregate a bespoke portfolio of assets from the ground up, evidencing the mutual respect and trust between the firms to successfully execute a disciplined, long-term investment strategy.
Lincoln’s national footprint and proven track record in the healthcare sector made the firm a desirable operating partner for this venture. With operations across all major U.S. markets, Lincoln brings significant scale and unparalleled access to local expertise and ma
