Vital Capital Launches $16M DST Backed by Texas Rehab Hospital
Vital Capital Partners has launched a new Delaware statutory trust offering, Vital Capital Medical – Temple TX DST, targeting $15.95 million in equity from accredited investors through broker-dealer and RIA channels.
The offering centers on a build-to-suit inpatient rehabilitation hospital in Temple, Texas, operated by LifePoint Health, a leading national healthcare provider. The nearly 39,000-square-foot facility sits on six acres and includes 36 inpatient rehabilitation beds.
The property is secured by a 15-year absolute triple-net lease, with more than nine years remaining, and includes contractual rent escalations along with three 10-year renewal options.
“Strategically located near major regional healthcare hubs in a market with strong population growth and a rapidly expanding 65-plus demographic, we believe this asset is well-positioned for long-term performance and will resonate with investors seeking institutional-quality healthcare real estate exposure within a diversified portfolio,” said Thùy Turner, co-founder and co-managing partner of Vital Capital Partners.
LifePoint Health has significantly expanded its footprint since its founding in 1999, now operating across 33 states with 60 hospital campuses, more than 70 rehabilitation and behavioral health hospitals, and over 300 additional sites of care.