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| Mindy Berman |
GREAT BEND, KS –– An affiliate of Livingston Street Capital, a boutique private equity firm focused on commercial real estate investments throughout the U.S., has sold a 63,978-square-foot, 33-bed acute medical center in Great Bend, Kansas for $39.9 million.
The firm acquired the University of
Kansas Health System’s Great Bend Medical Care Center in December 2018.
The JLL Capital Markets team representing Livingston Street Capital as the seller in this transaction was led by Senior Director Brannan Knott and Senior Managing Director Mindy Berman, with support from Mike Shepard.
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| Brannan Knott |
Appetite for strong credit leased, full-service healthcare properties throughout the United States continues to be resilient despite challenges created by the pandemic, presenting an opportune time to capitalize on this investment, according to Peter Scola, President and Co-CEO of Livingston Street Capital.
“The
property greatly benefits from its position as the only acute medical care
center serving Barton County and hence complemented our ‘necessity-based’
investment thesis,” says Scola.
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| University of Kansas Health System’s Great Bend Medical Care Center, Great Bend, KS |
“Completed in 2000 with most recent renovations in 2012, the property is a two-story, acute medical center that is 100% occupied by the University of Kansas Hospital Authority.
CONTACTS
Elisabeth Manville / Anthea Davis
The Smart Agency
(949) 438-6262
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