Thomas Jefferson University Hospital, Philadelphia Thomas Jefferson University Hospital, Philadelphia

PHILADELPHIA—Thomas Jefferson University and the health care system Jefferson Health have reached an agreement to have Toledo, OH-based real estate investment firm Welltower acquire an interest in some of its real estate assets.

Under the terms of a Memorandum of Understanding, Welltower and Jefferson would create a joint venture whereby Welltower would acquire a stake in certain real estate assets of Jefferson. The transactions would be geared at enabling Jefferson to reduce some of its fixed asset investments and redeploy the capital to other clinical and academic strategic areas.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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