Jefferson Health is the largest provider of healthcare in Philadelphia. Its recent acquisitions have included Einstein Health and Kennedy Health in South Jersey.
The sale of Five Points represents a recurring trend of private equity capitalizing on stabilized secondary market retail centers at value-add pricing as institutional owners shift portfolios toward primary market core/core-plus assets.
South Bay is building a 370 unit high-end independent living facility, the first to come to the market in 22 years.
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