BV Capital raised $11.5MM to provide bridge capital for the purchase of a 50 bed Inpatient Neuro Rehabilitation Hospital. The facility is leased to Vibra Healthcare, a subsidiary of Ernest Health Holdings a healthcare corporation that fully guarantees the lease.
- 59,508 Sq Ft
- 50 Beds
- Class A +
- 20 Year Absolute Triple Net Lease
- Only inpatient neuro rehabilitation hospital in greater Sacramento
The property is located in North Sacramento along Interstate 5 between the airport and downtown. The build-to-suit construction began in 2020 and is expected to be finished in early September 2022, when Vibra will take occupancy.
Sacramento Market Overview:
Sacramento is the fastest-growing major city in California, owing to its status as a notable financial center on the West Coast and as a major educational hub. Similarly, Sacramento is a major center for the California healthcare industry, as headquarters for several major health care institutions, including the world-renowned UC Davis Medical Center and the UC Davis School of Medicine.
MSA Population – 2,407,310
Average Growth Rate – 1.12%