Norvin Healthcare Properties acquires 40-bed inpatient rehabilitation hospital in San Antonio
Norvin Healthcare Properties announced that it acquired PAM Health Warm Springs Rehabilitation Hospital Northeast in San Antonio. JLL Capital Markets represented the buyer in arranging acquisition financing.
JLL also represented the seller, The Sanders Trust, in the sale and placed financing for the buyer.
The hospital features inpatient rehabilitation and is a joint venture between PAM Health (PAM) and Bexar County–based University Health. PAM is the fourth-largest post-acute care operator in the United States, with 65 hospitals nationwide. Completed in 2021, the newly constructed hospital features 40 beds in 38,667 square feet, state-of-the-art therapeutic equipment, modern amenities and a comfortable environment to facilitate patients’ recovery from health events such as stroke and brain trauma.
PAM Health Warm Springs Rehabilitation Hospital Northeast is located at 11407 Wayland Way in San Antonio. The hospital is in the northeast area of San Antonio and