ATLANTA-Inland American Real Estate Trust has sold a nationalportfolio of hospitals to Healthcare Trust of America for $102million. The purchase includes four long-term acute carehospitals.


CB Richard Ellis’ Healthcare Capital Markets Group, led by LeeAsher and Chris Bodnar, represented the seller. The multi-markethospital portfolio spreads across Georgia, Texas and Florida. Theproperties are leased and operated by Select Medical Corporation,and include 217,000 square feet with 209 licensed beds.


"Understanding the long-term care industry was essential tofacilitating 
the combined sale of this group ofspecialty hospitals," Asher tells "It showcases howthe CBRE platform can be applied to the healthcare industry,specifically with specialty medical product offerings."


According to Marcus & Millichap Medical Office ResearchReport Second Half 2010, the passage of the Patient Protection andAffordable Care Act during the first half of 2010 will have a farreaching, long-term impact on the healthcare sector, expandingcoverage to as many as 32 million previouslyuninsured individuals. The firm predicts this one-timeexpansion of coverage will support a significant increase in demandfor medical office space.

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