JLL Capital Markets has successfully secured a $75 million credit facility for a joint venture between Angelo Gordon and Sendero Capital, with a specific focus on the medical property sector. The credit facility is structured as two parts: an initial $30 million seed portfolio and an additional $45 million accordion feature that allows for further acquisitions of medical properties. This programmatic joint venture aims to invest up to $300 million in outpatient healthcare real estate, targeting value-add and core plus assets such as outpatient medical offices and surgery centers.
Leading this transaction was Anthony Sardo from JLL’s Capital Markets Debt Advisory team. This recent deal marks another successful partnership between Sendero Capital and Angelo Gordon in their pursuit of investing in the growing market of outpatient healthcare real estate.
