Elliott Bay Announces JV to Acquire U.S. Healthcare Properties
Seattle-based healthcare real estate investment firm Elliott Bay Capital Trust and global private markets investor Pantheon, have established a joint venture to acquire healthcare properties across the United States. The partnership will focus on assets that are critical to healthcare delivery, provide services in high-demand markets and are leased to physician groups, specialty providers, hospitals and health systems.
“We are excited to form this partnership with a highly experienced institutional partner and to leverage our expertise and significant capital resources to drive durable long-term value in our real estate investments in a partnership approach with healthcare providers,” said Elliott Bay CEO Christian Whipple. “Elliott Bay has been investing exclusively in healthcare real estate for more than a decade and this is another great step forward in the growth of our platform.”
Elliott Bay Capital Trust’s Washington portfolio includes healthcare facilities in Bremerton, Lacey, Aberdeen and Pasco.
Photo courtesy of Elliott Bay Capital Trust