how Medical Behavioral Hospital Indianapolis Tradeshow

how Medical Behavioral Hospital Indianapolis Tradeshow

JLL Capital Markets has successfully facilitated the sale of a 64-bed, 42,609-square-foot inpatient behavioral facility located in Greenwood, Indiana. The property was recently constructed in 2022 and offers general acute care psychiatric services for a medically complex patient population. It is currently leased under a long-term absolute net lease with favorable terms.

The seller, Medistar, worked with JLL to arrange acquisition financing for the buyer. The team at JLL Capital Markets was led by Senior Managing Director Mindy Berman along with Managing Director Brannan Knott and Director Vasili Davos.

According to Berman, there is high investor interest in behavioral health properties due to the growing demand for these services. She also noted that this particular asset’s strong performance and attractive lease terms make it an appealing investment opportunity within the healthcare sector.

This recent transaction showcases JLL’s expertise and success within the commercial real estate market as they continue to facilitate deals between buyers and sellers across various sectors.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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