ERE Healthcare Real Estate Advisors is pleased to announce the successful sale of a 16,074 SF multi-specialty surgical facility in Wichita, KS.

The ERE team acted as exclusive advisors to the physician partners, conducting a discrete nationwide marketing process to identify the most aggressive real estate buyer. The challenges included restructuring the lease with a recently formed operating joint venture, and finding a buyer comfortable with the center’s growth projections despite limited operating history.

ERE restructured the lease with the surgery center’s new operator, optimizing the real estate for max Save imized value, without compromising discussions and relations.

The sale was successfully executed with a structure that satisfied the physician owners, real estate buyer, and joint venture partner, all while positioning the surgery center operation for future growth.

The transaction was led by Collin Hart and Marc Flynn.

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Investment demand, sale transaction volume, and valuations for healthcare real estate have reached historic highs. Even if a real estate sale doesn’t meet your current objectives, addressing potential partnership challenges early will maximize the value and security of your investment.