Värde Partners, a global alternative investment firm specializing in credit and credit-related assets, has acquired Unity Investment Management from Unity Medical Properties.
Operating as a wholly owned subsidiary of Värde, Unity Investment Management will oversee the day-to-day management and leasing of 74 medical outpatient buildings (MOBs) with a combined value of more than $800 million.
This transaction supports Värde’s recent acquisition of a $700 million portfolio of 61 MOBs, 59 of which closed in July and two of which closed in November. The portfolio, which totals approximately 2.75 million square feet across 16 states, includes tenants across a range of medical clinical practice types, providing essential outpatient care in their communities.
“Building on our years of investing with the Unity team, this transaction enables us to expand Värde’s presence in healthcare real estate and continue our strategy of developing thematic asset verticals,â