Sila Realty Trust announced the $28.25 million acquisition of an inpatient rehabilitation facility located in Fort Smith, Ark.
The Fort Smith healthcare facility is a 50-bed inpatient rehabilitation facility offering intense rehabilitation tailored to the individual needs of those recovering from stroke, brain injury, neurological conditions, trauma, spinal cord injury, amputation and orthopedic injury. The approximately 62,500-square-foot facility was built in 2021 and is fully leased to Mercy Rehabilitation Hospital, a joint venture between Mercy Hospital Fort Smith and Lifepoint Health.
“The Fort Smith Healthcare Facility’s operations combine the leading healthcare system in Fort Smith with a more than 100-year history and one of the nation’s leading inpatient rehabilitation facility operators,” stated Michael A. Seton, president and CEO at Sila Realty Trust. “We believe this state-of-the-art facility, which has demonstrated strong and dominant performance
