JLL Capital Markets Completes Sale of Hospital in Northeast Houston


JLL Healthcare Capital Markets experts today announced the sale of Kindred Humble, a two-story, 46-bed freestanding inpatient rehabilitation hospital located near the Memorial Hermann Northeast Hospital campus in Humble, Texas.

Kindred Healthcare, one of the largest providers of post-acute care and acute rehabilitation services in the U.S., operates the 55,646-square-foot property. The facility is strategically located near two acute care hospitals that discharge patients requiring admission to a rehabilitation hospital.

JLL Capital Markets Managing Directors Steve Leathers, Mindy Berman, Brian Bacharach and Vice President Anthony Sardo led the sale on behalf of the seller.

“The area’s thriving economy is driving unprecedented growth throughout the region as well as investor interest in healthcare assets with mission critical infrastructure like Kindred Humble,” said Leathers. “Its long-term lease with a leading operator provided the perfect opportunity to transition the property to new ownership with pure focus on healthcare real estate.”

The transaction marks the 35th hospital sale or financing arranged by JLL Healthcare Capital Markets since 2014.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2017 alone, the firm’s 2,400 Capital Markets specialists completed $170 billion in investment sale and debt and equity transactions globally.

For more, please visit The Investor, an online and mobile app news source providing real-time commercial real estate news to asset buyers and sellers around the world.

 



March 22, 2019


Topic Area: Press Release


Recent Posts

Healthcare Real Estate: Challenges and Industry Shifts for 2025

The hurdles include balancing expansion with financial constraints, the sustainability of office and retail conversions, and technological disruptions.


Geisinger to Build $32 Million Cancer Center in Pennsylvania

The two-story, 40,000-square-foot facility will be home to the cancer center with space for future growth of services.


Sunflower Medical Group Experiences Data Breach

To date, Sunflower has no evidence that personal information has been misused.


Strategies to Eradicate Biofilm Containing C. Auris

Understanding the speed and risks of contamination after room disinfection should inform managers’ environmental cleaning recommendations.


Man Attacks Nurses, Police Officer at Jefferson Hospital

The man allegedly attacked the staff members before being restrained and sedated.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.