Sila Realty Trust, Inc. Completes Acquisition of Brownsburg Inpatient Rehabilitation Facility for $39.0 Million
Sila Realty Trust, Inc. (the “Company”), a net lease real estate investment trust focused on investing in high quality healthcare properties across the continuum of care, today announced the acquisition of an inpatient rehabilitation facility located in Brownsburg, Indiana (the “Brownsburg Healthcare Facility”), for $39.0 million.
- Sila Realty Trust, Inc. (the “Company”), a net lease real estate investment trust focused on investing in high quality healthcare properties across the continuum of care, today announced the acquisition of an inpatient rehabilitation facility located in Brownsburg, Indiana (the “Brownsburg Healthcare Facility”), for $39.0 million.
- The Brownsburg Healthcare Facility is 100% leased to Community Health Network Rehabilitation Hospital West, a joint venture between Community Health Network (“CHN”), and Lifepoint Rehabilitation, a business unit of Lifepoint Health (“Lifepoint”).
- The recently constructed facility began accepting patients in May 2023, and serves as the third inpatient rehabilitation facility operated by the joint venture partners in the greater Indianapolis area, joining Community Rehabilitation Hospital South, which is also owned by the Company, and Community Rehabilitation Hospital North.
- The Brownsburg Healthcare Facility is an approximately 56,000 square foot, 40-bed, free-standing inpatient rehabilitation facility focusing on acute rehabilitation and recovery for patients who suffer from stroke, traumatic brain injury, spinal cord injury, complex neurological disorders, orthopedic conditions, multiple traumas, amputation, and other injuries.