Healthcare Real Estate

There could be pent-up demand in many markets.

Last year smaller investors were able to keep buying when the pandemic ground institutional markets to a halt.

Expanding its P3 infrastructure strategy, the firm has monetized the lease for the Jack D. Weiler Hospital from Yeshiva University.

BG Capital has sold the three-building property to the Hampshire Cos. and its international investment partner, Arbah Capital.

The portfolio comprises assets positioned near major hospitals or health centers in a number of markets.

The portfolio consists of assisted living, independent living and memory care facilities with 2,552 units located across 11 states.

The facility's performance exceeded expectations from the beginning, even amid the pandemic.

The 1031 exchange marketplace operator had $408 million in deal volume last year, up 77% from 2019 when deal volume totaled $230 million.