Healthcare Real Estate

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East Decatur is one of the first affordable senior communities in the region offering such close proximity to a MARTA station.

Welltower will be able to better target post-acute care services with this acquisition, said CEO Tom DeRosa.

During the go-shop period Quality Care received a competing offer but the board never changed its recommendation to accept the Welltower offer.

The hospital is nearing completion on a $650 million renovation and expansion to drive the latest technology and procedures, and provide for the growing healthcare needs in the Houston region.

“Medical real estate doesn't get much better than this prime property, given its location adjacent to the hospital campus and with a long-term lease to the dominant health system in the market."

The deal is a merger between LifePoint Health and RCCH HealthCare Partners, which is owned by Apollo.

According to a source in the Wall Street Journal the property traded for $405 million.