Vital Capital Launches $15.4M DST for Ohio Rehab Hospital

Vital Capital Partners, a health care real estate investment manager, has launched a Delaware statutory trust offering that seeks to raise about $15.4 million in equity from accredited investors.

Vital Capital Medical – Liberty OH DST owns Liberty Rehabilitation Hospital, a 36-bed inpatient rehabilitation hospital in Liberty Township, Ohio. The property is leased to a national inpatient rehabilitation operator.

Completed in 2021, the hospital has about 38,000 rentable square feet on roughly 4.36 acres.

The deal brings Vital Capital’s total acquisitions to more than $110 million since September 2024. It follows Vital Capital Medical – Temple TX DST, a $15.95 million offering backed by an inpatient rehabilitation hospital in Temple, Texas, that was fully subscribed in less than five months.

“We look closely at whether a healthcare property is designed around an essential clinical use and sits in a market that can support that care over time,” said Robert Lee, co-founder and co-managing partner of Vital Capital Partners. “Liberty Rehabilitation Hospital meets those criteria.”

Thùy Turner, the firm’s other co-founder and co-managing partner, said rehabilitation hospitals serve a focused, needs-based role in health care.

“We believe demand for post-acute recovery care will continue to grow as the population ages,” Turner said.

The offering enters a busy market. DST equity fundraising reached about $6.48 billion through August, up 33% from a year earlier, according to Mountain Dell Consulting, putting 2026 on track to set a record.

Pictured: Liberty Rehabilitation Hospital