Kayne Anderson Real Estate, Remedy Medical Properties and MedProperties Realty Advisors have formed a more than $350 million joint venture to recapitalize an 11-state, 23-asset healthcare real estate portfolio totaling more than 1 million square feet owned by MedProperties.
The properties are located in top metropolitan areas and secondary markets, specifically Texas (eight facilities), Pennsylvania (two), Florida (two), Ohio (two), Kentucky (two) and one each in Tennessee, New York state, North Carolina and Missouri.