Brea-based Healthcare Property Advisors has recently launched HPA Exchange LLC, a real estate investment sponsor that offers private placement opportunities anchored by medical properties to accredited investors. The platform will initially focus on Section 1031 exchange offerings and target healthcare real estate in secondary growth markets with strong operating fundamentals, stable health system environments, and a growing aging population. Led by co-presidents Thùy Turner and Robert Lee who have an average of 25 years’ experience in the industry, HPA Exchange aims to capitalize on the recession-resilient nature of the healthcare sector with predictable occupancy rates that provide potential for long-term reliable cash flows and strategic value-add opportunities. Additionally, there is a shift towards non-high-acuity healthcare facilities located closer to neighborhoods rather than large acute care hospitals which presents further potential for growth.
“Former Eastland Mall Site’s First Project Completed”
Eastland Mall, now known as Eastland Yards, has undergone a transformation with the completion of its first project by developer
Steve Griffin
November 21, 2024
