Carter Validus REIT Shells Out $99M For Texas Hospital

Law360, New York (March 6, 2014, 6:08 PM EST) -- Florida-based Carter Validus Mission Critical REIT Inc. has nabbed the newly constructed Walnut Hill Medical Center in Dallas for $99.4 million, bringing the value of its health care-specific portfolio of assets to $479.8 million, according to a Thursday statement.

Walnut Hill is an acute care hospital with multiple specialties that totals just under 200,000 square feet, according to a statement. The Dallas facility has 84 in-patient beds, 16 intensive care unit beds and six operating rooms. It offers emergency services, urgent care, diagnostic imaging, surgery, cardiology...
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