REBusinessOnline

ST. JOSEPH'S MERCY MOB PORTFOLIO SELLS IN ARKANSAS

HOT SPRINGS, ARK. — Miami-based United Trust Fund (UTF) has completed the disposition of a three-building medical office building portfolio in Hot Springs. New York-based American Realty Capital Trust acquired the property for an undisclosed price. UTF originally purchased the assets through a sale/leaseback structure with St. Joseph's Mercy Health Care, a wholly owned subsidiary of the Sisters of Mercy Health System. Keith Broemmer of Broad Street Advisors of New York handled the transaction.

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