Medical Real Estate Portfolio
Orlando, Florida
Date
2018
Project Type
Class B Medical Office and Retail
Location
Orlando, Florida
INVESTMENT TYPE
Private Equity
Overview
Sublime Real Estate undertook a bundle of activities in assisting Performance Capital, a private equity firm, underwrite, acquire, finance, manage and exit a portfolio of 17 properties in Central Florida.
The strategy was to acquire assets in the range of $1.5 – $4M, with value-add potential and national NNN tenants in place.
This portfolio represents a successful transformation of a previously underutilized medical office space into a portfolio of thriving recession-resistant healthcare assets. At Sublime Real Estate, we facilitated a comprehensive value-add strategy that included modern renovations, advanced infrastructure upgrades, and targeted leasing efforts.
This portfolio has significantly increased tenant satisfaction and property value, establishing the asset owner as a premier medical asset management firm in the region.
Project Summary
- A portfolio of 17 medical properties in central florida
- Includes tenants such as Advent Health, the VA, VCA Animal Hospitals, Florida Eye Clinics and Great Expressions Dental Group.
- Representing a combined value of over $48M
- Comprehensive transformation of the asset values through effective underwriting, financing and asset management