Lincoln Property Co. and PGIM’s real estate business have formed 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 bwespoke 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.
“This partnership was a natural choice for Lincoln,” said Brian Bacharach, executive vice president at Lincoln. “Our firm has maintained a dedicated team of real estate professionals committed to the healthcare sector for nearly 30 years, and the formation of this venture with PGIM positions us to create significant scale by investing across a broad spectrum
