HAMMOND, LA-A healthcare operator and more than 30 localphysicians have acquired the Louisiana Hospital Center here for$12.5 million. GE Commercial Finance Business Property Corp. soldthe 61,000-square-foot facility, which consists of 42 beds, eightpre-op/recover bays, and three operating rooms.
Developed in 2006 as a physician-owned hospital, the facilitynever opened. The ownership group, which consisted of localphysicians, Wichita, KS-based Cardiovascular Hospitals of Americaand other investors, filed bankruptcy two years ago, according tocourt documents.
GE Commercial Finance purchased the property out of bankruptcylate last year and hired CBRE’s Healthcare Capital Markets Group inApril 2010 to market the property.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
