Elliott Bay invests in mission-critical healthcare real estate assets that are positioned to provide high quality services and satisfy the demands of the future of health care delivery. We invest in on- and off-campus buildings leased by leading specialty care providers, health and hospital systems and established physician groups.
Since 2013, our team has acquired and developed more than 180 healthcare real estate assets nationwide. We pursue both single-asset and portfolio acquisitions, including direct purchases of net-leased properties and sale-leaseback transactions.
Elliott Bay partners with leading healthcare providers and systems to unlock the value of owned real estate. By providing strategic capital, we enable our partners to redeploy resources into core clinical operations enhancing care delivery, improving efficiency, and strengthening long-term outcomes for the communities they serve.
INVESTMENT TYPE
- Acquisitions
- Sale-lease Back Transactions
- Build-to-Suit Developments
- Developer Financing and Forward Acquisition program on new projects
CRITERIA
TRANSACTION SIZE:
$5 Million to $100 Million (single asset or portfolio)
TENANCY:
Single-tenant or limited multi-tenant healthcare providers
GEOGRAPHY:
Nationwide
LEASE TYPE:
Net lease (NN or NNN). Will consider other lease structures
LEASE TERM:
At least 5+ years remaining
CREDIT:
Rated Investment grade and sub-Investment grade tenants
Select operators with favorable market positions, strong balance sheets and income history
OUR ADVANTAGES
We are an all cash buyer with significant capitalization, deep healthcare industry knowledge and operating expertise and a proven track record.
- Flexible transaction structuring
- Fast underwriting and response time
- Rapid ability to move through all transaction phases
- All cash acquisitions with no financing required
- Surety and expediency of transaction closing
- Long-term investment approach