Texas PE Firm Launches $150M Medical Real Estate Fund

Law360, New York (April 19, 2013, 1:52 PM EDT) -- In another sign that the medical real estate market continues to sizzle, Texas-based private equity firm MedProperties Holdings LLC announced Thursday that it is launching a new $150 million fund that will invest in the sector.

In addition to the new fundraising, the Dallas-based firm also said it will be tweaking its investment strategy to include senior housing, along with the medical office buildings, ambulatory centers and specialty hospitals and facilities that it has traditionally funneled its money toward, according to a statement.

Specifically, the fund...
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