Lease types |
Operating and capital lease structures available |
Transaction size |
Prefer transactions in the $20-$100 million range with no maximum limitation |
Asset types |
Inpatient facilities - full service acute care hospitals, rehabilitation hospitals, specialty hospitals
Outpatient facilities - ambulatory surgery, physician groups, diagnostic imaging, oncology, dialysis, rehab, medical office
Senior housing - senior apartments, independent living, congregate care, assisted living, CCRC and dementia care
Skilled nursing facilities - Medicare and Medicaid nursing homes and long-term acute care hospitals
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Funding |
Up to 100% of fair market value, subject to sufficient cash flow coverage to rent |
Lease terms |
10 to 25 years on a triple net basis, with multiple renewal options at then market rents |
Lease rates |
Initial base rate with market-based escalators |
Recourse |
Generally require lease guarantee by parent company |
Security deposit |
May require annually renewed letter of credit or fixed deposit amount at closing |
Master lease |
Multi-facility transactions generally structured as master leases, with all facilities leased to one operator under a single lease |
Location |
Nationwide |
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