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Alternative Assets  + Real Estate  | 
Terravet REIT Lands $35M Preferred Equity Investment from Sculptor Diversified REIT 

Terravet REIT Lands $35M Preferred Equity Investment from Sculptor Diversified REIT 

Terravet REIT, Inc., managed by Terravet Real Estate Solutions, has obtained a $35 million preferred equity investment from Sculptor Diversified REIT, an affiliate of Sculptor Capital Management, Inc. The proceeds were used to pay down debt, with KeyBanc Capital Markets acting as the sole placement agent for the transaction. 

“We’re seeing increased interest from sellers of purpose-built veterinary real estate in major markets across the country,” said Daniel Eisenstadt, CEO of Terravet Real Estate Solutions and Terravet REIT. “Sculptor’s investment reflects confidence in our strong track record in the sector and growing pipeline.” 

Terravet REIT owns over 650,000 square feet of high-quality, purpose-built veterinary and medical facilities, targeting top-quartile assets in niche healthcare sectors. Through UPREIT structures, Terravet offers veterinarians and healthcare professionals a unique opportunity to diversify real estate holdings and reduce concentration risk. 

Across its funds and REIT entities, Terravet holds more than 150 properties, totaling over 1.5 million square feet across 35+ states.  

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Terravet Real Estate SolutionsSculptor

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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