IRA Capital, a private equity firm headquartered in Irvine, California has launched IRA Healthcare Real Estate Fund, L.P., a $500-million closed-end fund focused on the acquisition of medical properties and senior housing assets across the United States. The firm boasts an impressive track record with an average net 48% annualized return and 1.7x equity multiple to its investors in this sector of real estate investing.
The fund will target well-located healthcare assets located in high barrier-to entry markets that are supply constrained for maximum returns on investment opportunities while co-investing alongside existing and new investors alike according to Amer Kasm, co founder at IRA Capital who stated “Our expertise combined with strong secular trends uniquely positions us to deliver strong risk adjusted returns for the fund” In addition to launching their new venture they have also relocated within Irvine into a newly constructed contemporary office totaling approximately 15000 square feet at 3121 Michelson Dr., Park Place -Irvine from their previous 6000 square foot location at the Irvine Concourse . Connect Orange County is set take place September 27th 2023 concurrently with Connect Healthcare Real Estate which will be held September 27th & 28th 2023 both taking place VEA | Newport Beach Marriott , Newport Beach . Register now by clicking here for Connect Orange County or here for Connect Healthcare Real Estate .
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Steve Griffin
November 15, 2024
