Dialysis Clinic Portfolio

[Dan Hennessy]

Investment Info:

Office Space commercial investment investment in Dallas.

Purchase price: $28,300,000
Cash invested: $150,000

Portfolio of 10 dialysis clinics

What made you interested in investing in this type of deal?

MOBs are my focus. After the basic needs of food, water, and shelter; healthcare is not too far behind as a fundamental human need in the modern world. During the 2008-2009 financial crisis, 78 REITs cut or suspended their dividends and the normally low volatility REIT sector saw a peak decline of about 70%, worse than the S&P 500's decline of 57%. Medical Office Building REITS, however, only declined by 5%.

How did you find this deal and how did you negotiate it?

Networking