Transactions: WV Eye Consultants Portfolio
COMPLETED TRANSACTIONS
CREG U.S. Healthcare Investment Sales Team Announces Successful Sale of the WV Eye Consultants Portfolio.
The CREG U.S. Healthcare Investment Sales Team is proud to announce the successful completion of the Sale & Leaseback of the WV Eye Consultants Portfolio, a premier 32,698-square-foot medical outpatient portfolio comprising facilities in Charleston and Beckley, West Virginia.
Founded in 2011, WV Eye Consultants has become one of the most respected Ophthalmology practices in West Virginia, known for its dedication to patient care and clinical excellence. The practice operates across six strategic locations, supported by a highly qualified team of 11 physician providers and 90 dedicated healthcare professionals. Together, they deliver critical eye care services to a vast patient base across the region.
The WV Eye Consultants Portfolio attracted considerable attention from institutional healthcare investors, thanks to its strategic footprint and the enduring demand for specialty outpatient facilities. In a highly competitive bidding process, the Portfolio received 10 offers from well-established Healthcare Real Estate Investment groups. Ultimately, a Private Equity firm acquired the portfolio, recognizing the long-term value and stability offered by the Sale & Leaseback structure with a trusted regional healthcare provider.
This successful transaction underscores the strength of CREG’s market knowledge, transactional expertise, and dedication to achieving exceptional outcomes for clients in the healthcare sector. By securing multiple competitive offers, CREG’s U.S. Healthcare Investment Sales Team demonstrated its ability to leverage market demand, maximize asset value, and successfully execute high-value transactions tailored to the needs of healthcare providers.
Sale and Leaseback transactions like this one create a strategic win-win for healthcare practices and investors. By selling their real estate assets while retaining operational control through a leaseback arrangement, WV Eye Consultants can continue to expand its mission to provide vital care in West Virginia while reinvesting capital to support the practice's growth.
Your Trusted Healthcare Real Estate Partner
CREG | U.S. HEALTHCARE INVESTMENT SALES
Andrew R. Larwood
Managing Partner & Principal
m: +1 (770) 845-2091
andrew.larwood@capitalre.com
Allen C. Inman
Managing Partner & Principal
m: +1 (404) 550-7897
allen.inman@capitalre.com
Joshua D. H. Rees
Managing Partner & Principal
m: +1 (858) 312-0657
josh.rees@capitalre.com