Michigan DaVita Portfolio

Five-Property Dialysis Clinic Portfolio | Multiple Locations, MI

Transaction Details

Transaction Value:
$15.1 million

Location:
Multiple Locations, MI

Total Size:
54,000 SF

Properties:
5 Dialysis Clinics

Transaction Type:
Portfolio Sale

Tenant:
DaVita (Corporate Guarantees)

Key Highlights

Premium Portfolio

Corporate Guaranteed

Long-Term Leases

Property Overview

CREG Healthcare successfully represented the seller in the $15.1 million sale of a five-property dialysis clinic portfolio across Michigan, fully leased to DaVita with corporate guarantees and long-term lease commitments.

Transaction Highlights

This exceptional portfolio transaction represents one of the premier dialysis clinic portfolio sales in Michigan. The five-property portfolio was strategically positioned across key Michigan markets, providing comprehensive dialysis services to underserved communities while delivering stable, predictable cash flows to the investor.

Property Features

Corporate Guaranteed Leases

All properties fully leased to DaVita with corporate-level guarantees, ensuring maximum credit quality and lease certainty.

Long-Term Commitments

Extended lease terms with DaVita providing long-term income stability and predictable cash flows for the investor.

Strategic Locations

Five dialysis clinics strategically located across Michigan markets with strong demographics and growing demand.

Premium Portfolio

48,500 SF of specialized medical facilities purpose-built for dialysis treatment with all necessary equipment and infrastructure.

Why This Transaction Succeeded

Corporate Credit Quality: DaVita's investment-grade corporate guarantee provided exceptional credit quality that attracted premium institutional buyers.
Portfolio Efficiency: Five-property portfolio created economies of scale and reduced management complexity for buyers.
Market Positioning: Strategic marketing to healthcare REIT and institutional investors focused on specialty medical properties.
Transaction Coordination: Simultaneous closing on all five properties streamlined the transaction and reduced execution risk.
Institutional Buyer Network: Direct access to dialysis-focused investors and healthcare REITs resulted in competitive bidding.

Transaction Outcome

The portfolio sold for $15.1 million to a healthcare-focused institutional investor, representing a premium valuation due to the exceptional credit quality, long-term lease commitments, and strategic portfolio composition. The seller achieved above-market pricing while the buyer secured a stable, long-term investment with minimal operational complexity.

"CREG Healthcare's expertise in portfolio transactions and their relationships with institutional buyers specializing in dialysis facilities resulted in a seamless transaction that exceeded our valuation expectations."

Michigan DaVita Portfolio
Michigan DaVita Portfolio