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NEW YORK CITY—CNL Healthcare Properties sold a medical office portfolio of 55 buildings to Welltower Inc. for $1.25 billion. The portfolio comprises approximately 3.3 million square feet across 16 states positioned in strategic locations within major metropolitan markets. The facilities are affiliated with premier health systems including Novant, Memorial Hermann and Cleveland Clinic.  The deal was first announced in January 2019.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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