Business
Remedy Medical Properties and Kayne Anderson Acquire a Portfolio of Outpatient Medical Assets from Welltower
Remedy Medical Properties ("Remedy") and Kayne Anderson Real Estate, together the nation's largest private owner of healthcare real estate, today announced the acquisition of a portfolio of outpatient medical (OM) assets from Welltower. The portfolio comprises approximately 18 million square feet across 296 properties in 34 states, and this acquisition establishes the Remedy and Kayne Anderson Real Estate partnership as the nation's largest owner of outpatient medical buildings, with more than 5
About this update from Welltower Inc.
[{"type":"text","content":"Transaction Strengthens Long-Standing Partnership and Positions Joint Venture as Nation's Largest Owner of Outpatient Medical Buildings","length":139,"tagName":"p","attribs":{}},{"type":"text","content":"CHICAGO and BOCA RATON, Fla., Oct. 28, 2025 /PRNewswire/ -- Remedy Medical Properties ("Remedy") and Kayne Anderson Real Estate, together the nation's largest private owner of healthcare real estate, today announced the acquisition of a portfolio of outpatient medical (OM) assets from Welltower. The portfolio comprises approximately 18 million square feet across 296 properties in 34 states, and this acquisition establishes the Remedy and Kayne Anderson Real Estate partnership as the nation's largest owner of outpatient medical buildings, with more than 52.4 million square feet across approximately 1,104 properties in 44 states. Remedy will add 170 employees from Welltower as part of the transaction, expanding its team to over 500 employees across 60 offices nationwide.","length":797,"tagName":"p"},{"type":"text","content":"Remedy is assuming all operational responsibilities from Welltower, including property management and leasing functions. Welltower will retain a preferred equity position and a profits interest in the underlying portfolio as it continues to focus on rental housing for the aging population.","length":290,"tagName":"p"},{"type":"text","content":"Al Rabil, CEO of Kayne Anderson Real Estate, said, "As long-term investors in the medical office space, we understand the importance of scale and investing alongside experienced partners. This acquisition reinforces our position as leading institutional investors in the outpatient healthcare sector and underscores our long-standing, successful partnership with Remedy. We remain focused on building upon our history of delivering superior risk-adjusted returns for investors, while advancing the delivery of high-quality healthcare across the country."","length":564,"tagName":"p"},{"type":"text","content":"Peter Westmeyer, Founder and CEO of Remedy Medical Properties, said, "This transaction strengthens Remedy's commitment to its healthcare tenants by combining two best-in-class platforms to create a singular leading, hands-on, data-driven, tenant-first foundation in outpatient medical real estate."","length":312,"tagName":"p"},{...