Becker's Healthcare October 4, 2024
Charlotte, N.C.-based Novant Health has completed the sale lease transaction of 20 facilities in Charlotte, Wilmington, N.C., and Winston-Salem, N.C., to Remedy Medical Properties and Kayne Anderson Real Estate.
Here are five things to know:
1. The transaction comprises 20 buildings that are a mixture of clinical and nonclinical spaces. Eight of the spaces are in Winston-Salem, eight in Charlotte and four are located in Wilmington. Novant did not disclose the financial terms of the transaction, according to an Oct. 2 news release shared with Becker’s.
2. Novant is leasing back the spaces it uses to ensure patients have uninterrupted healthcare service access while Remedy Medical Properties will manage the facilities. The transaction occurred in two phases. The...