Sila Realty Trust acquires inpatient rehabilitation facility

US-based Sila Realty Belief has introduced the acquisition of TGH Rehabilitation Hospital, an inpatient facility at Tampa, US.

The transaction was valued at $51.2m, excluding buy prices.

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The acquisition is consistent with Sila Realty Belief’s goal to spend money on top quality healthcare properties.

One of many largest hospitals within the US, TGH Rehabilitation Hospital is the area’s solely centre for Stage I trauma.

It’s utterly leased to Tampa Rehabilitation Hospital, LLC, a three way partnership between Tampa Normal Hospital and Kindred Rehabilitation Providers.

Sila Realty Belief president and CEO Michael Seton mentioned: “The acquisition of the TGH Rehabilitation Hospital is an distinctive alternative to strengthen our healthcare portfolio proper in our personal yard, because the property is situated lower than two miles from the company workplace of Sila Realty Belief.

“The ability was build-to-suit for the TGH and Kindred partnership, and the tenancy, location and building exemplify, we consider, our technique of buying institutional high quality healthcare belongings throughout the continuum of care.

“The robust presence and status of TGH serving the Tampa Bay group is well-known and we’re excited to observe the impression on this facility of Kindred’s confirmed experience in rehabilitation operations.”

The newly constructed 80-bed inpatient rehabilitation facility, TGH opened doorways for sufferers in Might this yr.

The hospital’s providers vary from physiatry, bodily and occupational remedy to speech-language pathology, rehabilitation nursing and dietary providers.

It caters to sufferers recovering from grievous accidents, surgical procedures and different advanced well being situations.

The rehabilitation hospital, constructed with an funding of $35m, will quickly embody a freestanding behavioural well being hospital and TGH emergency room.

As soon as prepared, these medical amenities are anticipated to show Tampa Medical and Analysis District right into a key location for healthcare and innovation in Florida.

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