Healthpeak Properties And Brookfield Form $2.1 Billion Outpatient Medical Real Estate Joint Venture
By Amit Chowdhry ● Today at 4:22 PM
Healthpeak Properties and Brookfield Asset Management have formed a long-term strategic joint venture involving 86 outpatient medical properties valued at approximately $2.1 billion. The portfolio contains about 5.6 million square feet across 11 states, including Kentucky, Indiana, Pennsylvania, Arkansas, Illinois, Minnesota, New Jersey and New York. It is approximately 95% leased and has a weighted average remaining lease term of six years.