Flagship Healthcare Trust has purchased a Class A medical outpatient building and ambulatory surgery center, anchored by physician-led ophthalmology practice Graystone Eye.
EvergreenLink outlines the investment strategy, performance, and other details of Cottonwood Capital Advisors' non-listed, perpetual-life real estate investment trust.
The bank-owned REIT reportedly bought assets in Kawagoe and Osaka on the same day it completed its second capital raise.
The firm also provided updates on its private equity evergreen fund and non-traded BDC, as well as plans to launch new products targeting the wealth segment.
Funds managed by Apollo have invested more than $1 billion in a joint venture with the trust, which will use the proceeds to repay a significant portion of its credit facility.
The disposition unlocks approximately $9 million of capital for the trust and realizes the promote earned on the transaction.
