Maryland Route 134

Thomas Park Investments Announces Joint Venture with Global REIT

Retrieved on: 
Tuesday, November 1, 2022
Commercial Building & Real Estate, Construction & Property, REIT, CaroMont Health Park, UNC, Associate, Leadership, Duke, Partnership, University of Maryland St. Joseph Medical Center, REIT, Sale, University, Maryland Route 134, A5103 road, Commercial property

Advancing this joint venture aligns Thomas Park with a market-leading health care REIT, says Thomas Park CEO EJ Rumpke.

Key Points: 
  • Advancing this joint venture aligns Thomas Park with a market-leading health care REIT, says Thomas Park CEO EJ Rumpke.
  • Allows Thomas Park to offer tax-advantaged purchases for sellers willing to consider an umbrella partnership real estate investment trust (UPREIT) structure.
  • Three assets have been purchased under the joint venture, including:
    Raleigh, North Carolina ( 8300 Health Park ) This 178,000-square-foot medical office building is Thomas Parks first entry into the Carolina market.
  • Focused exclusively on health care real estate, Thomas Park Investments is the fastest growing private equity real estate firm in its specialty within the mid-Atlantic.

Thomas Park Investments Reports Strong First Half with $75M in MOB Acquisitions

Retrieved on: 
Monday, August 1, 2022
Commercial Building & Real Estate, Construction & Property, Finance, Banking, REIT, Professional Services, Health, General Health, Residential Building & Real Estate, Name, MRI, Acquisition, Sale, CaroMont Health Park, University, University of Maryland St. Joseph Medical Center, Physician, Radiology, Foot, University of Maryland Medical System, Weather, Leadership, MOB, Belmont Park Investments Pty Ltd v BNY Corporate Trustee Services Ltd, Maryland Route 134, Investment, Growth, Duke, University of Pennsylvania Health System, Commercial property, Hospital

Thomas Park Investments closed the first half of 2022 with $75 million in medical office building (MOB) acquisitions, halfway toward the companys goal of $150 million in acquisitions this year.

Key Points: 
  • Thomas Park Investments closed the first half of 2022 with $75 million in medical office building (MOB) acquisitions, halfway toward the companys goal of $150 million in acquisitions this year.
  • The acquisitions include a purchase in Raleigh, North Carolina, signaling the companys expansion into the southeast.
  • Were pleased with the increased diversity of tenants and health systems these recent acquisitions bring to our portfolio.
  • Thomas Park Investments is a leading private equity real estate firm specializing in health care real estate.