Investors - JANUARY 8, 2021

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

MedCraft and Cadence launch new $500m medical office platform

by Released

MedCraft Healthcare Real Estate and Cadence Healthcare Group have launched a $500 million medical office building investment platform, MedCraft Investment Partners (MIP), to acquire medical office buildings and ambulatory assets during the next 18 to 24 months.

MIP is a 50-50 joint venture between Minneapolis-based MedCraft Healthcare Real Estate and Cadence Healthcare Group, a wholly owned subsidiary of Cadence Capital Partners, with offices in Denver, Chicago and Boston.

The first of the fund’s two inaugural acquisitions is the 18,536-square-foot Kenwood One TriHealth Orthopedic & Sports Institute at 8311 Montgomery Road in Cincinnati. The two-story, off-campus building, built in 2008, is 100 percent leased to an investment-grade healthcare tenant, Cincinnati-based TriHealth, the leading integrated health system in Greater Cincinnati. The medical office building houses TriHealth-affiliated tenants Ohio Valley Orthopedic Sports Medicine, TriHealth Orthopedic Sur

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.