2017 BOMA MOB & Healthcare Facilities Conference

An Inside Look at the Largest Ever Health System Monetization Deal (Room Centennial DE, Level 3)

In 2016, Catholic Health Initiatives (CHI) sold a $700 million, 52-building medical office portfolio to Physicians Realty Trust (PRT)—the largest real estate monetization by a health care system to date. This panel gives a first-hand, behind-the-scenes look at the deal. Hear about CHI’s motivation for the sale, how the portfolio was selected and structured, the complexities involved in closing in multiple markets, PRT’s approach to underwriting, lessons learned one year post-close, and more.