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Flagship Healthcare Trust Receives Its First Series Of Investment From The Gulf Region, Facilitated By Anchor Group

Aug 05, 2022•almost 3 years ago
CharlotteReal EstateCommerce And ShoppingHealth Care

Description

Anchor Group, a leading, international business development and investment firm, has facilitated the first investment by a Gulf Cooperation Council (GCC) firm into Flagship Healthcare Trust, a Southeastern and Mid-Atlantic focused medical office private real estate investment trust (REIT) with over 2.3 million square feet of office space and 87 properties. The GCC is a political and economic union of Arab states bordering the Persian Gulf. Its members include the United Arab Emirates, Saudi Arabia, Qatar, Oman, Kuwait and Bahrain.

Company Information

Company

Flagship Healthcare Trust

Location

Charlotte, North Carolina, United States

About

Flagship Healthcare Trust, Inc. ("Flagship REIT"), is a private real estate investment trust that owns clinical healthcare assets in the United States. As of third quarter 2021, Flagship REIT holds interest in 75 healthcare properties valued at over $673 million. Flagship REIT's current portfolio includes 2.1 million square feet of medical office space and 227 tenants. The main operating entity of the Manager is Flagship Healthcare Properties, LLC ("Flagship"), a fully integrated commercial real estate firm focused on clinical outpatient healthcare real estate. With a history dating to 1985, the Manager operates a vertically integrated platform and currently manages approximately 5 million square feet of healthcare-related office space in over 200 properties. More than 80 professionals provide Flagship's healthcare system and physician clients a full range of real estate services and expertise to a diverse and growing portfolio of properties.

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