CJ Kodani
DENVER, CO – JLL Capital Markets has arranged the sale of PAM Health Rehabilitation Hospital of Westminster (“PAM Health Westminster”) totaling 37,130 square feet in Westminster, Colorado.
JLL represented the seller and procured the buyer,
Vitalis Properties. The price was not disclosed.
PAM Health Rehabilitation Hospital of Westminster is a
36-bed inpatient rehabilitation hospital, operated by PAM Health (“PAM”). The
freestanding hospital features 36 private rooms across two floors, is equipped
with the latest rehabilitation equipment and staffed by a caring team of
medical experts who provide comprehensive inpatient care.
The property Is located at 6500 W 104th Ave., 13
miles northwest of downtown Denver and 15 miles southeast of Boulder. Located
right off U.S. Highway 36 in northwest Denver, the facility is easily accessed
by employees, visitors and referrals from six hospitals within a 10-mile radius
of the property.
The JLL Capital
Markets team was led by Director CJ Kodani.
“Investors value the strong
facility-level performance with stable income, superior cash flow and inflation
protection from leases of inpatient rehabilitation hospitals,” said Kodani.
“Knowledgeable investors are well-supported by the lending community for IRFs.”
Contact:
Kristen Murphy,
JLL Director,
Public Relations
Phone: +1 617 543 4873
Email: Kristen.Murphy@jll.com
