DSS, a multinational company operating business segments in blockchain security, direct marketing, healthcare, consumer packaging, real estate, renewable energy, and securitized digital assets, said its majority-owned subsidiary, American Medical REIT acquired three hospitals in Fort Worth and Plano, Texas; and Pittsburgh, Pennsylvania. The aggregate purchase price for the Hospitals was $62 million.
The hospitals are tenanted and operated by LifeCare Hospitals, a specialty hospital operator with a focus on long-term acute and critical care.
The hospitals are under an 18-year lease with eleven years remaining and an option to renew for an additional five years. The hospitals have a total capacity of 195 hospital beds spanning a gross floor area of approximately 320,000 square feet. Read more.
