Vital Capital Partners, a healthcare real estate investment manager, has announced the full subscription of a $9.67 million private placement offering, HPA Exchange — Vital Medical Dallas TX DST, through the independent broker-dealer and registered investment adviser network. Vital Capital Partners sponsored the offering through a joint venture. This marks the third medical Delaware statutory trust offering the firm has fully subscribed since entering the private wealth channel in 2024.
The DST owns an 86,880-square-foot medical building occupied and operated by Nexus Dallas Children’s Hospital and is intended to qualify as replacement property for investors seeking to complete a tax-deferred exchange under Section 1031 of the Internal Revenue Code (subject to individual circumstances and applicable tax requirements).
Located at 9525 Greenville Ave., the 3.6-acre property was built-to-suit for Nexus Dallas Children’s Hospital, a subsidiary of Nexus Health Systems