Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
CA Health & Science Trust Marks First Anniversary
CA Health & Science Trust, Inc. (CAHST), a private REIT focused on the acquisition and development of medical office and life science facilities across the U.S., this week celebrates its first anniversary, having successfully built a seven-building medical office portfolio over the past 12 months.
Chicago-based CAHST has also celebrated closing a $275-million line of credit and has grown its leadership team with the appointment of Jason Colton as CFO and Loriann Duffy as SVP, property management.
“CAHST’s first anniversary comes as the medical office sector continues to prove itself as a resilient asset class, despite the current weakness in the economy and financial markets,” said Russell Brenner, president of CAHST. “We look forward to capitalizing on the momentum the CAHST team built in its first year and continue the acquisition and development of premium medical office facilities to complement our more than 410,000-square-foot portfolio.”
- ◦Sale/Acquisition
- ◦Financing
