HPA Exchange Acquires Nexus Dallas Children's Hospital Property
"We are pleased to add this state-of-the-art hospital to our portfolio, a facility that reflects both the strength of the
The 3.64-acre property was built-to-suit Nexus Dallas Children's Hospital, a subsidiary of Nexus Health Systems, via a full building renovation in 2022. The property is on an absolute triple net lease, guaranteed by Nexus Health Systems. The hospital includes 30 beds, with the potential to expand to 60.
Nexus Dallas Children's Hospital cares for patients of all ages with brain and spinal cord injuries, complex medical conditions, and other serious diagnoses. Acting as a bridge between acute hospitals and home, it offers seven care programs across 10 specialized services, including: cognitive therapy, occupational therapy, outpatient services, physical therapy, psychiatry and behavioral management, recreational therapy, respiratory/pulmonary therapy, speech therapy, vocational therapy and wound care.
"This hospital represents the type of specialized, patient-centered care environment that communities increasingly rely on outside of large acute care campuses," added Thùy Turner, co-president and chief operating officer of HPA Exchange. "Purpose-built, modernized, and backed by a long-term absolute triple net lease, we believe this hospital reflects the quality, stability and value that defines our portfolio strategy."
Home to an estimated 8.3 million people as of
About HPA Exchange LLC
Headquartered in Brea,
HPA Exchange (HPA) offers securities through American Alternative Capital, LLC (AAC), member FINRA/SIPC. Only available in states where American Alternative Capital, LLC is registered. AAC and HPA are independent of each other.
This is for informational purposes only, does not constitute individual investment advice, and should not be relied upon as tax or legal advice. All opinions expressed herein constitute the author's judgement as of the date of this article and are subject to change without notice, including statements regarding trends, market conditions, and the experience or expertise of HPA Exchange which are based on current expectations, estimates, opinions and/or beliefs of HPA Exchange. Past events and trends do not predict or guarantee or indicate future events or results. DST investments are speculative, illiquid, and may carry a high degree of risk - including the potential loss of the entire investment. Performance is not guaranteed and could be lower than anticipated. "Investment-grade" refers to tenants whose long-term corporate debt rating is considered investment grade by Standard & Poor's, Moody's, and/or Fitch. An investment-grade rating is a rating that indicates that a corporate bond has a relatively lower risk of default than a corporate bond with a speculative grade.
Contact:
Julie Leber
Spotlight Marketing Communications
949.427.1391
[email protected]
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SOURCE HPA Exchange, LLC
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