(205) 298.0809
1000 Urban Center Suite 675
Birmingham, AL 35242


The Sanders Trust Acquires Greenwood, S.C., Medical Office Building For $8.4 Million


Wednesday | July 22nd, 2015



$16 Million Arlington Texas Rehabilitation Hospital Complete


Wednesday | July 8th, 2015



The Sanders Trust Acquires Two Prominent Boston Rehabilitation Hospitals for $90M


Thursday | January 2nd, 2014



The Sanders Trust Completes Construction on $8.7M Medical Office Building


Thursday | June 19th, 2014



The Sanders Trust has acquired a five-building medical office portfolio for $34 million from ThedaCare


Monday | July 28th, 2008



The Sanders Trust Acquires New 12M Facility In New York


Monday | May 18th, 2015



The Sanders Trust Acquires Asheville, NC Medical Office Building For $11.6 Million


Wednesday | April 8th, 2015



The Sanders Trust has commenced construction on Reliant Norwood Rehabilitation Hospital near Cincinnati, Ohio


Monday | February 23rd, 2015



The Sanders Trust Hires Donna G. Albright As Vice President and CFO


Wednesday | October 8th, 2014



The Sanders Trust Acquires Abilene, Texas MOB


Wednesday | October 1st, 2014



The Sanders Trust Acquires Two Medical Investments for $17.1 Million


Wednesday | January 13th, 2016



The Sanders Trust Completes Construction On $17 Million Inpatient Rehabilitation Hospital Near Cincinnati


Tuesday | March 8th, 2016



The Sanders Trust Acquires Four Clinics For $11.9 Million


Thursday | February 5th, 2015



The Sanders Trust has started construction on a $12 million, medical office building in Valparaiso, IN


Monday | August 8th, 2011



Cathy Nazeer Joins The Sanders Trust


Tuesday | October 25th, 2011



The Sanders Trust Commences Rehabilitation Hospital Project


Sunday | November 8th, 2015



The Sanders Trust Acquires Roper Medical Plaza, Charleston South Carolina


Wednesday | May 30th, 2012



The Sanders Trust Acquires $13 Million Cancer Center In Indiana


Wednesday | August 1st, 2012



The Sanders Trust Acquires $13 Million Kyle Medical Plaza in Austin, Texas


Monday | March 4th, 2013



The Sanders Trust Hires N. Patrick Dwyer as Vice President of Development


Saturday | October 31st, 2015



The Sanders Trust Hires Darrell Simpson As Senior Vice President Of Development


Friday | April 5th, 2013



The Sanders Trust Acquires $17 Million Inpatient Rehabilitation Hospital In South Bend Indiana


Tuesday | April 23rd, 2013



Matthew Bonds Joins The Sanders Trust


Thursday | January 10th, 2013



The Sanders Trust Adds Banking and Healthcare Property Veteran as Senior Vice President


Tuesday | November 23rd, 2010



The Sanders Trust Expanding In Venture With Chicago's Harrison Street Real Estate Capital Company


Monday | April 11th, 2011



The Sanders Trust Buys Three Florida Medical Buildings


Tuesday | May 3rd, 2011



The Sanders Trust Completes Mercy Rehabilitation Hospital In Oklahoma City


Thursday | October 4th, 2012



The Sanders Trust Buys Las Vegas Healthsouth Hospital For $17M


Tuesday | May 10th, 2011



The Sanders Trust Acquires Five Dialysis Centers, Recognizing Community Health Needs


Friday | February 4th, 2011



The Sanders Trust Buys $14M Heart Center In Texas


Tuesday | May 27th, 2008



The Sanders Trust Completes Medical Office In Indiana


Monday | October 22nd, 2012



Marine Fighter Pilot Visits Rawhide Boys Ranch


Wednesday | May 28th, 2008



The Sanders Trust Makes $34M Acquisition


Monday | July 21st, 2008



Getting Ahead Of The Curve - Rance Sanders Of The Sanders Trust


Tuesday | February 16th, 2016



Becker's ASC Review - Interview With Col. Bruce Bright


Wednesday | February 6th, 2008



The Sander Trust Completes Last Element Of Jacksonville Acquisition


Tuesday | May 9th, 2006



Medical Real Estate Stays Healthy Despite Market


Sunday | July 20th, 2008



Sanders Realty Grows Healthcare Portfolio


Wednesday | May 10th, 2006



Real Estate Developers Fill Physical & Fiscal Needs For Healthcare Community


Tuesday | February 14th, 2006



The Sanders Trust Buys Large Indy MOB


Friday | August 7th, 2009



Scholarship and Internship Gives Culverhouse Graduate Invaluable Experience


Wednesday | January 6th, 2010



Recession Resistant Real Estate


Monday | May 10th, 2010



Where Trust Is More Than A Name


Wednesday | August 12th, 2009



The Sanders Trust Commences Construction - $16M Inpatient Rehabilitation Hospital, Arlington, TX


Wednesday | July 16th, 2014



The Sanders Trust Commences Construction On $8.7M MOB, Granbury, Texas


Thursday | August 29th, 2013



The Sanders Trust Expands Portfolio with $16.5 Million in Medical Acquisitions


Tuesday | June 28th, 2016



Sanders Trust Acquires Three Texas-Based Inpatient Rehabilitation Hospitals Valued at $111.5 Million


Thursday | July 21st, 2016



Sanders Trust Project Receives Award from Associated Builders and Contractors of Alabama


Tuesday | January 3rd, 2017



The Sanders Trust Project Honored as Eagle Winner at ABC National Excellence in Construction Awards


Thursday | March 9th, 2017



The Sanders Trust Expands Footprint into 22nd State with $21 Million Acquisition in Maryland


Monday | May 1st, 2017



The Sanders Trust Expands into 25th State


Monday | December 4th, 2017



The Sanders Trust Expands With The Opening Of Dallas Office


Tuesday | June 12th, 2018



The Sanders Trust Acquires $27 Million Rehabilitation Hospital In Texas


Tuesday | July 10th, 2018



The Sanders Trust execs speaking at the Interface healthcare real estate conference in Dallas, Texas


Thursday | September 13th, 2018



The Sanders Trust Acquires $24.5 Million Tulsa, Oklahoma Rehabilitation Hospital


Monday | August 13th, 2018



The Sanders Trust Acquires $17 Million Specialty Hospital, Entering 26th State


Monday | January 7th, 2019



The Sanders Trust Announces the Acquisition of Serenity at Summit New England


Tuesday | February 5th, 2019



The Sanders Trust Acquires Bakersfield Heart Hospital


Tuesday | April 9th, 2019



Calais Campbell Honored with 2019 Bart Starr Award


Saturday | February 2nd, 2019



The Sanders Trust Developing $23 Million Freestanding Rehabilitation Hospital In Iowa City


Monday | August 12th, 2019



The Sanders Trust announces the expansion of Tulsa, Oklahoma rehabilitation hospital


Tuesday | September 17th, 2019

BIRMINGHAM Ala., (July 22, 2015) – The Sanders Trust (TST), one of the nation’s leading healthcare real estate investment companies, located in Birmingham, Ala., has acquired Tower Pointe Medical Center, an approximately 42,000-square-foot medical office building (MOB) in Greenwood, S.C., for $8.4 million.


Tower Pointe Medical Center
A freestanding building, Tower Pointe is a mixed-used, multitenant outpatient facility that provides a number of services, including family practice, neurology, pediatrics, occupational medicine and diagnostic imaging, among others.

The MOB is 100 percent leased, with the majority of space occupied by Self Regional Healthcare. “Tower Pointe Medical Center offers an excellent opportunity to incorporate an already-strong facility into our portfolio,” said Steve Hewett, senior vice president of The Sanders Trust. “It is a patient-friendly building, conveniently located in Greenwood that provides a number of key services to the community.”

The Tower Pointe MOB was originally developed in 2007 by physician partners of Piedmont Health Group, which is now a part of Self Medical Group, an affiliate of Self Regional Healthcare. “This acquisition furthers TST’s investment strategy of adding $100 million to $200 million each year to our portfolio by acquiring and developing strategic healthcare properties nationwide,” added Hewett.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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BIRMINGHAM, Ala. –The Sanders Trust(TST) announced today that its newly completed Texas Rehabilitation Hospital, a $16 million facility in Arlington, Texas, is ready to admit patients. The state-of-the-art rehab hospital is owned by an affiliate of TST and is leased to a joint venture between Louisville, Ky.-based Kindred Healthcare Corporation (Kindred); Arlington-based Texas Health Resources and Dallas-based Methodist Health System. Kindred will operate the new hospital on behalf of the joint venture. An aggressive construction schedule enabled the hospital to open on time and on budget, less than one year after the property’s groundbreaking in July of 2014


Now the roughly 48,000-square-foot, 40-bed hospital is ready to treat individuals who might suffer from stroke, traumatic brain injury, spinal cord injury or similar medical conditions. “This opening serves as a model for the post-acute sector where multiple healthcare providers work together to meet community medical needs, while focusing on the most efficient setting to deliver care,” said Steve Hewett, senior vice president for The Sanders Trust. TST developed and funded the property, including managing the construction and architectural phases. TST’s development team for this project included Byrne Construction Services of Fort Worth, Texas as general contractor and Nashville, Tenn.-based Earl Swensson Associates as architect. Texas Rehabilitation Hospital of Arlington is located just off Interstate 20 near The Parks at Arlington.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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BIRMINGHAM, Ala. – The Sanders Trust, one of the nation's leading healthcare real estate development companies, announced today that it has acquired two prominent Boston-area hospitals: New England and Braintree Rehabilitation Hospitals.

The $90 million acquisition closed on December 31, 2013 when Senior Housing Properties Trust (NYSE: SNH) and affiliates sold the hospitals to The Sanders Trust (TST) in a joint venture with its capital partner Harrison Street Real Estate Capital, LLC of Chicago. TST acquired the real estate associated with the hospitals and simultaneously entered into new, 15-year, absolute net leases with Reliant Hospital Partners (Reliant), a company based in Richardson, Texas that currently operates nine other inpatient rehabilitation hospitals in Texas and Ohio.

“The Sanders Trust appreciates the confidence that Reliant's management team placed in our firm to make this acquisition a reality,” said Rance Sanders, CEO of The Sanders Trust. “The New England and Braintree Rehabilitation Hospitals are nationally recognized facilities delivering quality care programs and represent nearly two-thirds market share for rehabilitation services in the Boston metro area. It is a rare opportunity to acquire assets with such strong programs in place, and TST and Reliant look forward to making these programs even stronger in the future.”

“This transaction required a great deal of work and cooperation from numerous parties,” added Steve Hewett, Senior Vice President of TST. “The Jones Lang LaSalle team in Boston, headed by Mindy Berman, deserves special credit for their real estate and financial advisory services. Likewise, the TST team extends thanks to our Birmingham, Ala. banking partners--Regions Bank as Agent, Iberia Bank and Cadence Bank--as well as Boston's Customers Bank.”

Braintree has 166 licensed beds and New England has 198 beds. The hospitals are also affiliated with several other in-patient and out-patient locations in eastern Massachusetts and pride themselves on their dedication to providing patients short-term rehabilitation. The hospitals average more than 5,000 successful discharges annually.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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BIRMINGHAM, Ala. – The Sanders Trust (TST) announced today that it has completed construction on a new $8.7M medical office building (MOB) located on the campus of Lake Granbury Medical Center, a Community Health Systems affiliated hospital, located just outside of Ft. Worth, Texas.

TST, one of the nation’s leading healthcare real estate development companies, will own and provide ongoing property management services for the building. Work on the 41,000-square-foot MOB took less than a year to complete (August, 2013- June, 2014). The new facility will contain key Lake Granbury Medical Center (“LGMC”) departments such as orthopedics, cardiology and sports medicine. There are also plans for additional physician services within the building.

“The medical office building is conveniently connected to each of the main hospital’s three levels, providing easy access for all doctors, patients, staff and visitors,” said Darrell Simpson, Senior Vice President of Development for The Sanders Trust. “The building was designed to facilitate efficient and excellent care for patients and we are thrilled with the results.” To celebrate the building’s opening, a ribbon cutting ceremony will be hosted Thursday, June 19.

Dallas, Texas-based SKILES GROUP served as general contractor for the project. Ascension Group Architects of Arlington, Texas administered design services, and Cadence Bank in Birmingham, Alabama provided financing.


ABOUT THE LAKE GRANBURY MEDICAL CENTER: Community Health Systems’ Lake Granbury Medical Center is an 83-bed hospital, committed to delivering quality healthcare with dignity, respect, and concern for its patients. The hospital offers a range of comprehensive services; including inpatient, outpatient, emergency care, and an accredited sleep lab, and more. The medical staff comprises 116 physicians representing 24 specialties and is committed to serving the healthcare needs of the citizens in Granbury and the surrounding areas.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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APPLETON, WI-The Sanders Trust has acquired a five-building medical office portfolio for $34 million from ThedaCare, a healthcare provider based in Fox Valley, WI. The 225,000-sf package is 98% leased.

The portfolio consists of the Medical Office Building West, Medical Office Building South and Appleton Heart Institute, all located on the Appleton Medical Center campus at 1818 N. Mead St. in Appleton, WI, and the Medical Office Pavilion at 200 Theda Clark Memorial Plaza at the Theda Clark Medical Center in Neenah, WI. The portfolio also includes two upper floors of the Aylward Surgery Center at 100 Theda Clark Memorial Plaza, says Rance M. Sanders, CEO of Birmingham, AL-based Sanders Trust.

The portfolio sold for close to $151 per sf, which is a "good bit below replacement cost," Sanders says. All buildings are attached to hospitals, which makes it an attractive acquisition as well as attractive for patients and clients, given the Wisconsin winters, he explains. "Based on the NOI that we underwrote, the cap was 7.1%," Sanders tells GlobeSt.com. Lease rates vary depending on the campus, but he says it generally is about $22 per sf, full service.

Sanders says ThedaCare will retain ownership of the land, signing a 75-year ground lease with Sanders Trust. As part of the ground lease, ThedaCare has required all building tenants to be "members of the active medical staff at both hospitals."

The buildings were constructed between 1990 and 2007. The Sanders Trust plans to spend about $600,000 to renovate the structures, including "extensive common area improvements in most of the buildings" and replacement of roofs on two or three of the buildings, according to Sanders. The acquisition of the portfolio is the Sanders Trust’s first foray into Wisconsin. Former Green Bay Packer quarterback Bart Starr, vice chairman of the Sanders Trust, was responsible for developing the acquisition. Mike Davis and Sean Tu, both with Cain Brothers, were investment advisers to ThedaCare. ThedaCare owns four hospitals and 20 physicians' locations in addition to senior residential facilities. The healthcare system has 36% of the market share, which also made the portfolio quite appealing because the trust "always wants to partner with the number one provider of their community," Sanders says. The healthcare system reportedly plans to apply sale proceeds to a $90-million expansion and renovations at Appleton and Theda Clark medical centers. "As with many not-for-profit hospitals, they prefer to focus their capital on pure mission activities," Sanders says. "The real estate is non-core to their mission."

Sanders says the trust's typical holding period is at least 10 years and that is the plan for the portfolio as well. Sanders Trust has developed and acquired more than $265 million of healthcare properties, with its existing portfolio totaling 20 properties in 10 states and valued at $135 million. Copyright © 2008 ALM Properties, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala.—The Sanders Trust (TST), one of the nation's leading healthcare real estate investment companies located in Birmingham, Ala., has acquired a new $12M cancer center located near Albany, N.Y. in Clifton Park. This property is the first New York acquisition for TST, which now has acquired or developed healthcare properties in 20 states. “We are pleased that our organization continues its expansion throughout the U.S.” said Rance Sanders, president and CEO of The Sanders Trust. “With renowned cancer care provider New York Oncology Hematology (NYOH) and the prestigious Albany Medical College offering patient services in the building, 3 Crossing Blvd will be a vital asset to the community.”


Sanders Trust New York
The almost 33,000-square foot facility was completed in April of this year and is situated approximately 16 miles north of downtown Albany. NYOH anchors the facility, and with 36 board-certified physicians and an oncology certified patient care team of over 300 personnel, is the region's leading community-based cancer care service provider. Also represented in the building is Albany Medical College, one of the nation's oldest private medical schools.

“This acquisition furthers TST's investment strategy of adding $100 to $200 million each year to our portfolio by acquiring and developing strategic healthcare properties nationwide,” added Sanders.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala. – The Sanders Trust(TST), one of the nation’s leading healthcare real estate investment companies located in Birmingham, Ala., has acquired 20 Medical Park Drive, an approximately 24,000-square-foot medical office building (MOB) in Asheville, N.C., originally built in 2005. The $11.6 million acquisition is part of a joint venture between The Sanders Trust and its capital partner Harrison Street Real Estate Capital, LLC of Chicago. The MOB is 100 percent occupied and is conveniently located near downtown Asheville.


Asheville NC MOB
“20 Medical Park Drive is a prized addition to our portfolio, especially considering its premier oncology services and strategic location serving over 25,000 residents,” said Rance Sanders, president and CEO of The Sanders Trust.

Oncology services in the building are provided by an affiliate of 21st Century Oncology, one of the largest oncology providers in the United States. The single-story MOB is situated in an established medical park composed of facilities housing medically related specialties such as pathology, obstetrics-gynecology, and is home to Asheville Surgery Center.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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BIRMINGHAM, Ala. –The Sanders Trust (TST) announced today that it has commenced construction on Reliant Norwood Rehabilitation Hospital near Cincinnati, Ohio. Construction of the 40-bed, $17 million inpatient rehabilitation hospital will take 11 months to complete and is expected to open in February of 2016.

The hospital will be leased to an affiliate of Dallas- based Reliant Hospital Partners (Reliant), a nationally recognized provider of inpatient rehabilitation services.
Norwood Rehabilitation Hospital Cincinnati
“The Sanders Trust is proud to play a role in improving access to rehabilitative services in the Cincinnati area,” said Rance Sanders, CEO of The Sanders Trust. “We also are pleased to work together again with Reliant Hospital Partners, this time to bring Norwood Rehabilitation Hospital to life.” This is the second project between TST and Reliant. TST, with its joint venture capital partner Harrison Street Real Estate Capital, LLC of Chicago, previously collaborated with Reliant on the $90 million acquisition of two prominent Boston-area hospitals: New England and Braintree Rehabilitation Hospitals.

Reliant Norwood Rehabilitation Hospital will be located just off of Highway 562 near Reading Road. Its state-of-the-art design provides for efficient, compassionate patient care, incorporating the most sophisticated technologies. Services provided will include nursing care, physical therapy, occupational therapy, speech pathology and other services related to post-acute patients for whom the average stay is approximately 13 days.

The Dallas office of Perkins & Will is providing architectural services and Robins & Morton of Birmingham, Ala. will serve as general contractor for the project. Cincinnati’s JLL assisted in site selection and Synovus Bank in Birmingham is providing financing.

The Reliant Norwood Rehabilitation Hospital site is part of Central Pointe on the Lateral, a 10-acre multi-purpose campus being developed by Neyer Properties. Central Pointe is the latest in a trend of redevelopment projects occurring along the Highway 562 corridor, including Linden Pointe, Paycor’s new headquarters, The Urology Group and Mercy Health’s new headquarters.

“Reliant Norwood Rehabilitation Hospital furthers The Sanders Trust’s strategy of adding between $100 and $200 million annually to its portfolio by acquiring and developing medical office buildings, inpatient rehabilitation hospitals and specialty hospitals,” added Sanders.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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BIRMINGHAM, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, is pleased to announce the addition of Donna G. Albright as its new vice president and chief financial officer. “We are enthused that Ms. Albright will be joining our team,” said Rance Sanders, president and CEO of The Sanders Trust. “Albright’s expertise in both finance and real estate will be a great asset to our firm, which acquires and develops healthcare properties across the nation. Her experience spans more than 20 years in financial management and is just what The Sanders Trust needs to guide us into the future.


Donna G. Albright
” Albright comes to The Sanders Trust from Equity Resources where she served as vice president of finance and accounting. Her duties included overseeing the daily financial and accounting obligations for multi-family properties. She also served in various positions for AT&T Corporation for 20 years.

She is a certified public accountant, and her credentials include an accounting degree from The University of Alabama and a MBA from Emory University.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala. – The Sanders Trust, one of the nation's leading healthcare real estate investment companies located in Birmingham, AL has acquired a nearly 77,000-square-foot, multi-specialty medical office building (“MOB”) in Abilene, Texas.

The acquired facility is at 100 percent occupancy and is located adjacent to the Abilene Regional Medical Center (“ARMC”) which is majority-owned by Community Health Systems, Inc. (NYSE: CYH).

ARMC occupies approximately one-quarter of the MOB for outpatient surgery, diagnostic imaging and associated clinic services. Other tenants in the MOB include Reliant Hospital Partners, with a 30-bed inpatient rehabilitation hospital, and Oceans Behavioral Hospital-Abilene, with a 35-bed inpatient behavioral health facility.

“This MOB is an excellent example of how post-acute healthcare services are being more conveniently delivered to patients today,” said Rance Sanders, president and CEO of The Sanders Trust. “We are very pleased to add this property to our portfolio as we continue our strategy of acquiring and developing healthcare real estate assets that are aligned with dominant providers in their respective markets."


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala. – The Sanders Trust (TST), a Birmingham-based healthcare real estate investment and development firm, acquired two assets in December 2015 adding $17.1 million to its’ portfolio. The first acquisition was the purchase of the 61,000-square-foot Nix Behavioral Health Center in San Antonio, Texas for $13.5 million.

The Nix Behavioral Health Center provides inpatient behavioral health services for adults and children, and consists of a 31-bed child and adolescent unit, a 26-bed adult unit and a 24-hour nursing care. The single tenant property, located at 1975 Babcock Road in San Antonio, was fully renovated in 2013 and is solely leased to Nix Health Care System. Founded in 1930, Nix offers comprehensive inpatient and outpatient medical and surgical services, behavioral health, physical rehabilitation, and home care, among many other healthcare services. The second acquisition was the Matrix Medical Facility a 24,663-square-foot medical clinic and surgery center in a prime location in Saginaw, Michigan.

The Matrix Medical Facility is operated by a joint venture between the physicians and United Surgical Partners International (USPI), and provides clinical and surgical services related to pain management. USPI’s surgical and imaging facilities include approximately 20 imaging centers, over 265 short-stay surgical facilities, and 50 health systems with more than 4,000 physicians. The Sanders Trust purchased the fully leased property for approximately $3.6 million. “The December acquisitions of the Nix Behavioral Health Center and the Matrix Medical Facility rounded off another great year for The Sanders Trust,” stated Rance Sanders, president and CEO of The Sanders Trust. “We are pleased to be able to continue our organization’s role in providing easily-accessible healthcare services throughout the U.S.”


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Project recognized and awarded by Norwood Chamber of Commerce
BIRMINGHAM, Ala. – The Sanders Trust (TST), a Birmingham-based healthcare real estate and development firm, announced the completion of the HealthSouth Rehabilitation Hospital of Cincinnati at Norwood. The 40-bed, $17 million inpatient rehabilitation hospital totals 50,000-square-feet and took 11 months for construction to be completed. The rehabilitation hospital will officially open its doors and begin accepting patients this month. The hospital will be leased to an affiliate of Birmingham-based HealthSouth, a nationally recognized provider of inpatient rehabilitation services. Located just off of Highway 562, near Reading Road, the hospital will provide physical, occupational and speech therapy services to patients recovering from stroke, trauma, brain and orthopedic injuries, as well as other major illnesses or injuries.

The Sanders Trust worked closely with the City of Norwood on this state-of-the-art development, and was awarded the Norwood Chamber of Commerce Outstanding New Development Award for 2015. “The Sanders Trust is pleased to once again work with HealthSouth to improve community access to medical care,” stated Rance Sanders, president and CEO of The Sanders Trust. “It is an honor to be recognized by the Norwood Chamber of Commerce. We are confident in the hospital’s ability to provide efficient, compassionate patient care in its community.” Robins & Morton of Birmingham, Alabama served as general contractor on the development, and the Dallas office of Perkins+Will provided the architectural services. The HealthSouth Rehabilitation Hospital of Cincinnati at Norwood site is part of Central Pointe on the Lateral, a 10-acre multi-purpose campus that is the latest in a trend of redevelopment projects occurring along the Highway 562 corridor.


ABOUT HEALTHSOUTH HealthSouth is one of the nation’s largest providers of post-acute healthcare services, offering both facility-based and home-based post-acute services in 34 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies, and hospice agencies. HealthSouth can be found on the Web at www.healthsouth.com.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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BIRMINGHAM, Ala. – The Sanders Trust, one of the nation’s leading medical real estate investment companies, has announced its acquisition of four healthcare clinics representing a total of $11.9 million and 45,932 square feet. The clinics are located in key suburbs in Indiana, Georgia, and Pennsylvania and reflect a national trend of health providers locating services in settings that are convenient and accessible to the communities they serve.

The Sanders Trust’s most recent acquisition, the 15,000-square-foot Collegeville Park Medical Center, is situated off of South Collegeville Road in Collegeville, PA and is surrounded by residential housing, dining, and a community park. The facility is anchored by Jefferson Outpatient Imaging, an affiliate of Thomas Jefferson University Hospitals, and a member of Jefferson Health System, Inc., the largest health system in Southeastern Pennsylvania.

“Increasingly, healthcare providers are choosing to position themselves on main thoroughfares or near retail centers rather than on or near hospital campuses as with traditional medical office buildings,” said Steve B. Hewett, senior vice president of The Sanders Trust. “These facilities are not only convenient for patients, but also tend to be more efficient and less costly to operate. Although they often differ in size and location relative to traditional facilities, these assets are strategically relevant to healthcare providers.”

The Sanders Trust also recently completed its acquisition of two multi-specialty clinics located in the Atlanta suburbs of Peachtree City and McDonough, Georgia. The stand-alone clinics have a combined total of 18,205 square feet and are leased by Emory Specialty Associates and Emory Hospital-Midtown, affiliates of the prestigious Emory Healthcare. Services provided include primary care and diagnostic imaging.

Similarly, The Sanders Trust acquired Orthopaedic Associates and Deaconess MOB located near Evansville, IN. The 13,000-square-foot facility is leased to Orthopaedic Associates, an independently owned and operated orthopaedic clinic, as well as Deaconess Health System, a premier provider of healthcare services in the Tri-State area.

“These acquisitions further The Sanders Trust’s investment strategy of adding $100-$200 million each year to its portfolio,” said Hewett.


Norwood Rehabilitation Hospital Cincinnati(Pictured from left to right: Collegeville Park Medical Center, Emory Healthcare, and Orthopaedic Associates and Deaconess MOB)


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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BIRMINGHAM, Ala. – The Sanders Trust (TST) today announced it has started construction on a $12 million, 60,000-square-foot medical office building in Valparaiso, IN. The medical office building is on the campus of Community Health System’s Porter Hospital.

The medical office building is scheduled for completion in late 2012 to coincide with the grand-opening of the new Porter Hospital, a replacement facility currently under construction.

Both projects are managed by Birmingham-based contractor Robins & Morton, with architectural firm Gresham, Smith and Partners. The new medical office building will house several Porter Hospital departments as well as physician groups supporting the hospital. “TST is pleased to announce that we have successfully completed a syndication of this building at the request of Community Health System management,” said TST Senior Vice President Steve Hewett. “Through this syndication, TST will retain majority ownership of the medical office building and Porter Hospital physicians will benefit through direct ownership as well.” 


“This development furthers TST’s strategy of adding $100 million this year to its portfolio by acquiring and developing medical office buildings, inpatient rehabilitation hospitals, long-term acute care hospitals and ambulatory surgery centers,” Hewett said.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, has announced that former chief financial officer of Brookwood Medical Center, Cathy B. Nazeer, has joined the firm. An industry veteran, Nazeer has been named as vice president, chief financial officer for the organization.

Nazeer brings more than 30 years of financial management experience in the healthcare and real estate development industries to The Sanders Trust. In addition to her primary duties for accounting and cash management, Nazeer will be actively involved in the company’s business development and strategic planning efforts.

“Cathy’s financial expertise and industry experience complement our stated goal of adding $100 million in acquisition and development projects to our portfolio each year,” said Rance M. Sanders, president and chief executive officer of The Sanders Trust. “We are proud to have Cathy guide us in our continued growth as a company in this key leadership role.

”Prior to joining The Sanders Trust, Nazeer served as director, strategic financial planning for Stonegate Realty Company in Birmingham where she was responsible for financial analysis and projections, cash planning and management of annual operating budgets. In addition to her real estate development and management experience, Nazeer’s extensive healthcare background includes 15 years of service with Tenet Healthcare Corporation/Brookwood Medical Center in Birmingham and prior to that, as a senior financial director at Medical City Dallas Hospital in Dallas, Texas.

Nazeer began her career with Humana, Inc. where she served as chief financial officer at hospitals located in Chattanooga, Virginia Beach and San Antonio.

She holds a Master of Business Administration degree from the University of Tennessee at Chattanooga, and a Bachelor of Science degree in Accounting from the University of Tennessee at Knoxville.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala. – The Sanders Trust, one of the nation's leading healthcare real estate investment companies, announces their latest development project with Mercy Health System of Oklahoma (MHSO) and Centerre Healthcare Corporation.

The $19 million project is for the development of a 50-bed Inpatient Rehabiliation Hospital that will be leased to Mercy Rehabilitation Hospital, LLC in Oklahoma City upon completion in late 2012. Mercy Rehabilitation Hospital is a joint venture between Centerre Healthcare Corporation and MHSO. MHSO is owned by The Sisters of Mercy Health System, one of the largest healthcare services providers in the Midwest.

“This project represents a continuation of our strategy to acquire as well as develop inpatient rehabilitation hospitals,” said Steve B. Hewett, senior vice president at The Sanders Trust. “We are delighted to be partnering with the Centerre and MHSO organizations in the development of this new hospital.”

Architectural work for the new hospital is being managed by the nationally recognized design team at Earl Swensson Associates, Inc., Nashville, Tenn. Construction financing is being provided by Iberia Bank in Birmingham, Ala. The general contractor on the project is J. E Dunn based in Kansas City, MO, one of the leading healthcare general contractors in the U.S.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, announces their latest acquisition of the Roper Medical Plaza, a unique multi-service facility located at Cross Creek Village in Charleston, SC.

The approximately $19 million project was completed in 2009 and comprises about 60,000 square feet of healthcare-oriented tenant space. As the first true “mixed-use” development on James Island in Charleston, the Roper Building provides urgent and primary care services, an ambulatory surgery center, eye care, orthodontics, dental care and soon will have an on-site testing lab, CT and MRI facilities encompassed into one centrally-located medical site.

“The Roper Building truly defines the future of health care and how it will be delivered to patients,” said Rance Sanders, President and CEO of The Sanders Trust. “Technological advances have allowed many health care services to be delivered in an outpatient setting and patients have responded by demanding more convenient access to such services,” said Sanders.

The state-of-the-art facility challenges the old real estate paradigm that medical office space needs to be on a traditional hospital campus. In this case, the Roper Building meets the rising demand for medical office sites that better serve patients by simultaneously meeting other strategic needs of hospitals. The anchor tenant, Roper Hospital, is a member of the Roper St. Francis Healthcare System, Charleston’s only private, not-for-profit hospital system with a specific focus on community outreach. Recognized for its leading edge technology and best practices, Roper Hospital was founded in 1829 as the first community hospital in the Carolinas.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies located in Birmingham, Ala., announces their latest acquisition involving the real estate associated with The Floyd Memorial Cancer Center of Indiana, located in New Albany, IN.

As a leading comprehensive cancer center, The Floyd Memorial Cancer Center of Indiana provides the latest in technology and treatment options available to fight cancer. This facility is the only comprehensive cancer center in Southern Indiana offering both medical and radiation oncology at one convenient location.

“We are extremely proud to be affiliated with the dedicated team of professionals at Floyd Memorial”, said Rance Sanders, President and CEO of The Sanders Trust. “Floyd Memorial and their physician partners have demonstrated their continuing commitment to being best-of-class in cancer treatment, as evidenced by state-of-the-art technology and patient-centered care”, said Sanders.

The approximately $13 million acquistion for The Sanders Trust, comprises more than 39,000 rentable square feet, all of which will continue to be under a long term lease with Floyd Memorial Hospital and Health Services.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala.– The Sanders Trust, one of the nation’s leading healthcare real estate investment companies located in Birmingham, Ala. announces their latest acquisition of the Kyle Medical Plaza located near Austin, Texas. The recently completed 42,000 square foot facility includes Hays Surgery Center, an outpatient surgery center, as well as MRI testing, physical therapy, and complementary physician practices.

“We are excited to add the Kyle Medical Plaza to our expanding portfolio of medical office buildings, especially in an area that is starting to identify itself as a hub for medical services,” said Rance Sanders, President and CEO of The Sanders Trust. “This acqusition fits perfectly with our strategy of acquiring and developing strategically located healthcare delivery facilities.”

The largest individual tenant within the Kyle Medical Plaza, Hays Surgery Center, features five operating rooms and is the first outpatient surgery center in the area. A wide variety of outpatient procedures are now available in Kyle due to the number of leading physicians that have joined the group. Hays Surgery Center follows a patient-centered model giving Kyle residents an opportunity to have their doctor visits and outpatient procedures at a facility closer to their home. This model is an area of business The Sanders Trust continues to expand and focus on. The procedures that will be offered at Hays Surgery Center include: general orthopedics, hand, urology, gynecology, general surgery, podiatry, pediatric opthamology, spine and pain-management as well as ear, nose and throat procedures.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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The Sanders Trust (TST) is pleased to announce the recent addition of N. Patrick Dwyer to the position of vice president of development.

“Dwyer brings a wealth of knowledge in the medical real estate field that is highly valued,” said Rance Sanders, president and chief executive officer of TST. “His experience is vital to expanding our company’s portfolio through both healthcare property acquisitions as well as de novo development projects.”

A native of Columbus, Ohio, Dwyer joins the TST staff after serving in the role of vice president at Smith Realty Partners.

Prior to his time at Smith Realty Partners, Dwyer was the vice president of real estate at Hplex Solutions in Columbus, Ohio, where he was responsible for strategic planning, development, consulting and real estate negotiations for hospital systems and large physician groups nationwide.



“From a national standpoint, TST’s outstanding reputation for their ability to discover, analyze and act on investment opportunities in a nimble and efficient manner was instrumental in my decision to join the company,” Dwyer said. “I have enjoyed working at TST, where the atmosphere is very team oriented.”

A University of Dayton graduate, Dwyer earned the 2005 CoStar Power Broker of the Year award for his proficient work in investment property transactions.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, is pleased to announce the addition of Darrell Simpson as Senior Vice President of Development. Simpson’s primary focus will be on the oversight of active construction projects as well as generating new development opportunites for the company.


Darrell Simpson
Simpson brings more than 25 years of healthcare construction experience to The Sanders Trust team. He most recently held the role of Vice President of Development and Implementation for Centerre Healthcare Corporation in Nashville, Tenn., where he managed the development of numerous inpatient rehabilitation hospitals across the country.

He has also held senior management positions with some of the nation’s leading general contractors specializing in healthcare projects. Simpson graduated from Auburn University, with a Bachelor of Science degree in Building Science. “Bringing Darrell to the team was a strategic move for our firm in an effort to increase the percentage-mix of development projects in our portfolio. Darrell is very well thought of in our industry as well as with many architects and general contractors that specialize in healthcare facilities work,” said Rance Sanders, CEO of The Sanders Trust. “We welcome Darrell and look forward to utilizing his talents across different facets of the company.”


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies located in Birmingham, Ala. announces their latest acquisition of the real estate assets associated with the Saint Joseph Rehabilitation Institute, a 40-bed inpatient rehabilitation hospital in Mishawaka, IN. The roughly 46,000 square foot facility is on the Elm Road Medical Campus which offers medical services to patients of the Saint Joseph Regional Medical Center, South Bend Orthopedics and other area providers.


Saint Joseph South Bend
“We are very pleased to add the Saint Joseph Rehabilitation Institute to our expanding portfolio of healthcare real estate assets, especially in an area that is a vital hub for medical services for the greater South Bend, IN marketplace,” said Rance Sanders, President and CEO of The Sanders Trust. “This acqusition fits perfectly with our strategy of acquiring and developing strategically located healthcare delivery facilities.”

Saint Joseph’s Hospital was the first institution in South Bend to care for the sick, and was established in 1882 by the Sisters of Holy Cross. Today, the Saint Joseph Regional Medical Center is a Ministry Organization of Trinity Health, the fourth largest healthcare system in the country.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, is pleased to announce the addition of Matt Bonds as Director of Development. Bonds’ primary focus will be in generating and coordinating new healthcare development projects. He will also support the Company’s existing acquisition function.

Matt’s experience includes managing the development of over 171,000 square feet of shell space and 154,000 square feet of specialty medical tenant space with project value in excess of $28 million. Much of Matt’s previous experience involved working closely with key members of Texas Health Resources (THR), one of the largest nonprofit healthcare delivery systems in the U.S. Matthew Bonds Full Bio


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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BIRMINGHAM, Ala. – The Sanders Trust (TST), a Birmingham-based company specializing in the acquisition and development of on-campus medical office buildings, today named Steve Hewett as senior vice president.

Hewett brings more than 20 years of diversified financial management experience to TST. In his new role, Hewett will focus primarily on arranging debt and equity financing as needed for portfolio expansion, risk management and business development.

“Steve has significant experience in the acquisition, financing and development of healthcare facilities,” said TST Chief Executive Officer Rance Sanders. “He possesses the strategic insights, industry experience, seasoned relationships and capital markets expertise necessary to facilitate our organization's continued growth. Steve is a proven leader, and we are excited to have him play a key role for us.”

TST has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired over 41 medical properties in 14 states, totaling almost $500 million in value.

Since 2002, Hewett has been actively engaged in a variety of real estate acquisition and development projects. The largest project to date involved the acquisition and development of approximately 450,000 sq. ft. of medical office space. Hewett's experience includes raising private equity and arranging financing for numerous project types.

Prior to this, Hewett served as treasurer and chief financial officer for Quorum Health Group, Inc. (traded on NASDAQ; now part of CHS), where he was responsible for overseeing all accounting, tax and treasury functions for a corporation that reports $1.5 billion-plus in revenue, management via contract for more than 200 hospitals and ownership of more than 20 hospitals.

Hewett's early career included 14 years of commercial banking experience with AmSouth Bank, much of which was focused on the healthcare sector. While at AmSouth, he founded the Healthcare Banking Services Department, which continued to flourish after the merger with Regions Financial Corporation. Hewett has extensive experience in financing acute care hospitals, medical professional buildings, diagnosis and rehabilitation centers, skilled nursing facilities and other sites located on hospital campuses.

Hewett holds a B.S. in Corporate Finance/Investments and an M.B.A. from The University of Alabama System and has completed The Stonier Graduate School of Banking Executive Program at The University of Delaware, graduating with honors.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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BIRMINGHAM, Alabama - The Sanders Trust, a Birmingham-based medical real estate investment company, has formed a $250 million joint venture with a Chicago equity firm that will enable it to double its growth rate, a Sanders Trust executive said.

The deal with Harrison Street Real Estate Capital gives Sanders Trust a mix of equity and debt to invest in properties over the next two years, said Steve Hewett, Sanders Trust senior vice president. The deal is expected to be formally announced sometime this week.

"It's just a huge commitment they have made to us," Hewett said in an interview.

The privately-owned Sanders Trust, which has invested $500 million in properties in its 22-year history, now expects to invest about $100 million in the current year alone. Medical properties are an appealing investment because they're essentially recession proof, and because the "graying of America" is going to push demand for medical services to record levels, Hewett said.

Leonard Zumpano, a finance professor and chair of real estate at the University of Alabama, agreed.

"As the economy goes south, people get laid off and typically, retail sales suffer. But in medical related industry, that's not the case," he said. "And with the baby boom generation you're talking about something like 80 million Americans. That's a chunk of people."

Sanders Trust typically buys, holds and manages medical office buildings, and it already owns properties in 14 states including Alabama.

The additional capital will allow the company to broaden the scope of its acquisitions, Hewett said, adding more rehabilitation hospitals, acute care hospitals and ambulatory surgery centers. "Now there really is not a project that's too big for us," he said.

Efforts to reach executives with Harrison Street were not successful, but Hewett said the large, private equity firm sought out Sanders Trust because both firms have investments in the same niche market.

Harrison Street is a private firm that holds about $2.4 billion in assets, mostly in student housing, senior housing, assisted living, self-storage, marinas and medical offices. According to the company's website, it both holds properties and invests capital in other real estate companies. It currently has about $700 million in capital, its website indicates.

Harrison Street has several holdings in Alabama, including student housing at both the University of Alabama and Auburn University. The Retreat at Lake Tamaha, upscale student housing in Tuscaloosa, is among its properties.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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BIRMINGHAM, Ala. – The Sanders Trust (TST), one of the nation’s leading medical real estate investment companies, today announced a $12,000,000 acquisition of three triple- net leased medical office buildings in Bradenton, FL. Located in Manatee County, Bradenton is the largest principal city of the Bradenton-Sarasota-Venice, Florida Metropolitan area.

The buildings are subject to 15 year leases are with Nashville-based HCA (NYSE:HCA), the nation’s leading provider of healthcare services. HCA and The Sanders Trust value strong relationships with local physicians and strive to improve the care for patients in local communities.

The buildings comprise more than 60,000 square feet of multi-specialty physician clinics and other ancillary medical services at an average cost of $199 per square foot.

“This acquisition furthers The Sanders Trust’s core investment strategy of acquisition and development of Inpatient Rehabilitation Hospitals, long-term acute care hospitals and traditional medical office buildings,” said TST Senior Vice President Steve Hewett. “In the very near future, we anticipate further announcements associated with our current pipeline of strategic acquisitions and developments with some of the nation’s leading healthcare providers.” With its headquarters in Birmingham, Ala., The Sanders Trust (www.sanderstrust.com) has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired more than 51 medical properties in 14 states, totaling almost $500 million in value. The company’s investment strategy has been affirmed by a recent article in National Real Estate Investor Magazine, which characterized healthcare real estate as the new “recession proof” property type.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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BIRMINGHAM, Alabama - The Sanders Trust, a Birmingham-based healthcare real estate investment company, has completed a $19 million rehabilitation hospital in Oklahoma City. The new 50-bed Mercy Rehabilitation Hospital will be operated by a joint venture between Centerre Healthcare Corp. and Mercy Health System of Oklahoma, Sanders Trust said in a prepared statement.


Mercy Rehabilitation Hospital Oklahoma
The hospital will provide rehab services for patients recovering from strokes, brain injuries and other conditions, and will allow Mercy to signicantly expand its services. The Sanders Trust was the developer for the project and will own the real estate associated with the hospital, officials said.

"We are delighted to have partnered with Centerre and Mercy in delivering this state-of-the-art rehabilitation hospital that will emphasize exceptional patient care for this community," Steve Hewett, senior vice president of The Sanders Trust, said in the statement. "Mercy Rehabilitation Hospital is a 54,000-square-foot facility designed to promote recuperation outside the traditional hospital setting."


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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The Sanders Trust said it recently purchased a HealthSouth hospital in Nevada for $17 million.


Desert Canyon
The locally owned Sanders Trust acquired the HealthSouth Desert Canyon Rehabilitation Hospital, a 50-bed facility in Las Vegas, owned and operated by Birmingham-based HealthSouth, said a news release. HealthSouth (NYSE: HLS) is now a long-term tenant with Sanders Trust and will continue to operate the 53,000-square-foot hospital.

“This acquisition furthers (Sanders Trust’s) investment strategy of adding $100 million this year to its portfolio by acquiring and developing medical office buildings, inpatient rehabilitation hospitals, long-term acute care hospitals and ambulatory surgery centers,” said Steve B. Hewett, senior vice president at Sanders Trust.


Desert Canyon


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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BIRMINGHAM, Ala. –The Sanders Trust (TST), one of the nation's leading medical real estate investment companies, today announced the acquisition of five kidney dialysis centers in Alabama and the Gulf Region. Valued at approximately $11 million, the five properties are each net-leased to Fresenius Medical Care.

The acquisition enhances TST's core investment strategy and underscores the need to offer safe and convenient dialysis care throughout the Southeast, where there is increased prevalence of diabetes, a risk factor for kidney disease. Four of the five properties are located in Alabama: Mobile, Fairhope, Foley and Winfield. The other center is in DeFuniak Springs, Florida; Nephrologists say the need for dialysis in these areas is great and will continue to rise.

For TST, the acquisition provides a further diversification of the company's portfolio which today is heavily concentrated in medical office buildings. Steve Hewett, Senior Vice President of the company said, “Our organization is now actively pursuing the acquisition and development of Inpatient Rehabilitation Hospitals (IRFs), long-term acute care hospitals (LTACs) in addition to traditional medical office buildings, all of which are essential components of the future healthcare delivery system.”

All five of the dialysis-center leases are on a triple net basis and have an average remaining lease term of roughly 13 years. The average age of the buildings is two years.

Alabama is one of only 13 states with a Certificate of Need Review Board. Any new dialysis centers must be approved by the CON board; these previously approved TST properties face limited competition because the CON board has deemed them of great service to the community.

Fresenius Medical Care (NYSE:FMS) is the largest provider of kidney dialysis services in the world and has an estimated U.S. market share in excess of 30 percent.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham's Sanders Trust has acquired a $14 million health care building in Texas.

The 58,000-square-foot Amarillo Heart Center, located in Amarillo, Texas, joins the health care properties Sanders currently owns in 10 states.

"The Amarillo area's growth and the outstanding reputation of the physicians at the Amarillo Heart Group were important factors in motivating our organization to make this investment," said CEO Rance M. Sanders in a recent written statement. "This prominent cardiology group provides the most advanced cardiovascular care available in the region."

Sanders was founded in 1997 and is a national real estate investment company that develops physician clinics, medical offices and surgery centers.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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BIRMINGHAM, Alabama -- The Sanders Trust, a Birmingham-based health care real estate investment firm, has completed construction of a $12 million medical office building in Indiana. The building on the campus of Community Health Systems' Porter Regional Hospital in Valparaiso, Indiana, is owned by an affiliate of The Sanders Trust in partnership with physicians.


Porter Medical Plaza
The completion was intended to coincide with the recent opening of a new Porter Regional Hospital. The facility was constructed by Birmingham-based contractor Robins & Morton and designed by architectural firm Gresham, Smith and Partners.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Students at Rawhide Boys Ranch heard an inspirational message from Lieutenant Colonel J. Bruce Bright who traveled from Alabama. Colonel Bright’s service includes four years as a Marine Rifleman and 24 years as a Marine F/A-18 Fighter Pilot. He completed Naval Flight Training and was awarded his Wings of Gold in 1988, then was selected for the Leadership Award from the Basis School in Quantico, Virginia. Colonel Bright is the Ambassador for The Sanders Trust, tasked with building strong client relationships nationally. He holds the prestigious designation of CCIM (Certified Commercial Investment Member), a recognized expert in the disciplines of commercial and investment Real Estate.

Colonel Bright shared with students the photos and stories of his experiences throughout his military career. He encouraged the young men to research opportunities the military affords and envision traveling the world. The Colonel credits his success to his placement of life values. He emphasized his values in this order: God, family, country, and the Marine Corps. Students were enthralled with his presentation and enjoyed visiting with him at Rawhide’s Fish Fry and Car Show.

Located outside of New London, Wisconsin, Rawhide Boys Ranch emphasizes a faith-based residential environment as an alternative to juvenile corrections for court-referred young men. In addition, Rawhide is pleased to provide services to youth and their families through community-based outpatient counseling programs. With the first site established in Green Bay, Wisconsin, Rawhide is poised to become the leader in providing faith-based services to at-risk families throughout the State of Wisconsin. Families interested in scheduling an appointment for outpatient counseling services should visit www.rawhide.org/strongfamily or call (920) 965-7718 or toll free 1-877-300-9101. Rawhide is largely supported by donations of cars, boats, campers, and financial gifts. Learn more about Rawhide by calling (920) 982-6100 or visiting the website at www.rawhide.org.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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National medical real estate investment firm The Sanders Trust has purchased five medical office buildings in Wisconsin for $34 million.

Sanders Trust, whose vice chairman is former Green Bay Packers quarterback Bart Starr, bought the on-campus facilities in Appleton and Neenah, Wis. from ThedaCare TM. Starr, also a former University of Alabama quarterback, negotiated the purchase.

The five buildings are affiliated with the largest system in the northeast Wisconsin market. ThedaCare owns the number one market share in the eight-county area, Sanders Trust CEO Rance Sanders said. Sanders said the properties were attractive because they are on campus which generally produce stable occupancy patterns and higher rental rates.

"That is vital to us," Sanders said. "That's where the key physicians need to be located."

Sanders said Starr's knowledge of the area that is about 30 minutes from Green Bay prompted him to pursue the property. He said the area was not in the company's 10-state footprint but it has 390,000 residents. After reviewing the area's demographics and ThedaCare's regional dominance, Sanders Trust was one of a dozen companies to bid on the property, Sanders said.

Region's Bank provided the purchase capital. Sanders is confident in the stability of acquiring facilities on ThedaCare's campus.

"If you're partnering with the 800-pound gorilla you can feel your investment is secure," Sanders said.

Sanders Trust has developed or acquired property worth more than $265 million and has 20 properties currently valued at $135 million, according to a news release.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Rance Sanders and his company The Sanders Trust were one of the pioneers of health care real estate, an industry that has been booming as the health care landscape quickly changes nationwide.


Rance Sanders
The company, which included early partners such as NFL quarterback Bart Starr and famed surgeon Dr. James Andrews, has a presence in more than 20 states, and aims to add between $100 million to $200 million per year to its portfolio of health care properties. But Sanders cut his teeth in real estate working on several historic renovation projects in downtown Birmingham decades before the current boom of such projects.

Sanders recently shared with the BBJ his thoughts on local leadership, reasons why seemingly everyone wants to get a piece of the health care real estate market, and his secret identity as an amateur DJ.


How did you get started in health care real estate? In 1989, after doing historic renovation in downtown Birmingham, Bart Starr’s son was a roommate of mine, and he told me his dad was about to move back here from Phoenix. I had evaluated the market and wanted to turbo-charge what I had been doing with historic renovation and new construction, so I pitched to Bart Sr. that we could be one of the pioneers in health care real estate, and it turns out we were. Bart was a good door-buster, and we got Dr. (James) Andrews as our vice chairman. We did a lot of new development in Texas, in Florida and other places. We had offices from Miami to Los Angeles, and had over 100 employees. It grew so much that I was spending most of my time on personnel, and I wanted to focus on just pure investment. So we evolved the company in the mid 90s and re-branded as The Sanders Trust.

What were some of the historical renovations you were involved with? When I was 26, I put the Farley Building under contract. It was in disrepair. It’s at (20th Street North) and Third Avenue, it’s a nine-story building. I would never do that deal today, but being a kid I didn’t know any better. I found a contractor, Pat O’Sullivan. I said here’s my vision for what we can do here. I just brazenly walked in and bought it from the owner. We renovated it and it was successful and we filled it up. We sold it after two years. My check in 1987 was more money than I’d ever seen and I thought, “I like this!” The Massey Business College was one I renovated, it’s also on Third Avenue. That was for the state of Alabama, so we had a tenant in hand there. I think they stayed there for 20 years or so and then left.

If you could have any other job, what would it be? I would be a disc jockey. I’m sort of an amateur DJ. I have playlists that I create on iTunes for everything. I really pour myself into it. Whether it’s for having coffee or cocktail hour or when you come home after dinner or traveling – you name it, I have a playlist for it. It ranges from the standards, Sinatra and Dean Martin or Bobby Darin to Mozart to Pitbull. I love Pitbull, I think he’s one of the most entertaining guys out there. Nicki Minaj; I love Katy Perry. I love young music, I love old music and I would love to be a DJ. My wife calls me the “Master Blaster.”

What’s the biggest challenge of your industry? The amount of capital that is poured in. There’s so much money that’s coming in that it’s harder to find new opportunities. We see several deals a day every day, and we have a good reputation for going after them. But what worries me about the industry is what I don’t know. Risk is something that you can’t see. If you knew it and anticipated it, It wouldn’t really be risk. It’s not interest rates, it’s not cap rates, it’s a disruptive force that I don’t know about. Maybe it’s technology and the person doesn’t have to go see their doctor anymore. I don’t know what it is, but it’s what is unseen.

What is one thing that keeps you up at night? I sleep pretty well. I’m a happy person. But I am a risk manager, to the point that it drives my wife crazy. I see little things that can happen around the house or at the office – “If you don’t move that glass further from the edge of the table it could fall and then you cut your foot in the carpet” – that kind of thing. I think that’s served us well in our investments, because we twist and turn a deal every which way and have done so for 26 years, that we know what can go wrong with a deal. At home, I do think about certain deals and about lease rollover or if we hedged interest rates properly, things like that.

Do you have any plans for future deals in and around Birmingham? Boy, we would like to. We really would. It’s ironic that we’ve done so little in Birmingham and we’re located here. Historically we’re not as well known in Birmingham just because we’re not building here. But we’ve got relationships with a few of the CEOs and we’re optimistic that we’ll do a significant project in Birmingham in the not-too-distant future.

Brent Godwin is the commercial real estate reporter for the Birmingham Business Journal.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
###



ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
###



ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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BIRMINGHAM, Ala. – The Sanders Trust (TST) announced today that it has commenced construction on a new $16 million, 40-bed inpatient rehabilitation hospital in Arlington, Texas. Construction of the roughly 48,000-square-foot Texas Rehabilitation Hospital is expected to be completed in June of 2015. The hospital will serve patients who require rehabilitation following a stroke, traumatic brain injury, spinal cord injury or similar medical conditions and is designed for future expansion to 50 beds.


Arlington Construction
The state-of-the-art rehab hospital will be leased to a new joint venture between Nashville, Tennessee-based Centerre Healthcare Corporation (Centerre); Arlington, Texas-based Texas Health Resources and Dallas-based Methodist Health System. Centerre will operate the new hospital on behalf of the joint venture.

Rendering of the Texas Rehabilitation Hospital of Arlington.


“This project represents an excellent example of multiple healthcare companies working together to meet patients’ needs while simultaneously focusing on the most efficient setting to deliver care,” said Steve Hewett, Senior Vice President for The Sanders Trust.

“This development furthers The Sanders Trust’s strategy of adding $100 million to $200 million per year to its portfolio by acquiring and developing medical office buildings, inpatient rehabilitation hospitals, long-term acute care hospitals and ambulatory surgery centers,” adds Hewett. Byrne Construction Services of Fort Worth, Texas will serve as general contractor for the project. Nashville, Tennessee-based Earl Swensson Associates is administering design services. Texas Rehabilitation Hospital of Arlington will be located just off of I20 near The Parks at Arlington.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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BIRMINGHAM, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate development companies, announced today that it has commenced construction of a new 41,000-square-foot medical office building located on the campus of Lake Granbury Medical Center, a Community Health Systems affiliated hospital situated near Fort Worth in the city of Granbury, Texas.


Lake Granbury MOB Texas
Construction of the $8.7 million project is expected to be completed by June of 2014. The Sanders Trust is acting as developer and will own and provide property management services for the building upon its completion.

Rendering of The Sanders Trust medical office building development at Lake Granbury Medical Center


“Patients, doctors and staff will appreciate that the new medical office building (MOB) is designed to connect directly to each of the hospital’s three levels for easy and efficient access between outpatient and inpatient services,” said Darrell Simpson, Senior Vice President of Development for The Sanders Trust.

The MOB will house multiple Lake Granbury Medical Center (LGMC) departments, including Orthopedics, Outpatient Radiology, Cardiology, and Sports Medicine. There are also plans for additional physician services within the building.

“Working with LGMC CEO Derrick Cuenca and his team has been a great experience” added Simpson. “We are thrilled to be the hospital’s partner in developing a facility that will enhance the delivery of high quality, patient focused healthcare in the city of Granbury.”


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala. – The Sanders Trust (TST), one of the nation’s leading healthcare investment companies, located in Birmingham, Alabama, recently acquired three medical investment properties in three states, expanding its portfolio by $16.5 million. 

“These acquisitions further TST’s investment strategy of adding $100 million to $200 million each year to our portfolio by acquiring or developing strategic properties integral to prominent health systems,” stated Rance Sanders, president and CEO of The Sanders Trust. 

Murrysville Commons Medical Building – Pittsburgh, Pennsylvania 
This 22,286-square-foot medical building was built in 2011 in Murrysville, Pennsylvania, a submarket for the greater Pittsburgh area and strategically located near Forbes Hospital. Anchored by Allegheny Health Network, the facility offers a variety of services including comprehensive health services, obstetrical, gynecological, physical therapy, pediatrics and general family practices.  

Lohman Endoscopy Center – Las Cruces, New Mexico
The Lohman Endoscopy Center is a 13,444-square-foot multi-tenant facility located adjacent to the Mountain View Regional Medical Center campus in Las Cruces, New Mexico. Located in the fastest-growing market in New Mexico, the Lohman Endoscopy Center provides comprehensive gastrointestinal care through outpatient, inpatient, and post-acute services. The facility is occupied by Digestive Disease Consultants and the LifePoint Health System, which provides healthcare in 20 states. 

Aurora Health Medical Office Building – Lake Geneva, Wisconsin
Constructed in 2000, the majority of the 22,600-square-foot Aurora Health Medical Office Building is leased to the state’s largest health system, Aurora Health, Inc. The Sanders Trust has acquired the Aurora Health anchored property which is a comprehensive rehabilitation facility. Services at the facility include physical therapy for both general and sports-related injuries, occupational therapy, and speech therapy.  


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala. – The Sanders Trust (TST), one of the nation’s leading healthcare real estate investment companies, announced its acquisition of the real estate associated with three inpatient rehabilitation hospitals in Austin, Dallas, and Houston, Texas totaling 191,800 square feet.  

Each of the inpatient rehab facilities is operated by affiliates of HealthSouth Corporation through long-term net leases. Birmingham, Alabama-based HealthSouth is one of the nation’s largest providers of post-acute healthcare services, using today’s most advanced therapeutic methods and technologies. HealthSouth Rehabilitation Hospital at Round Rock in the metro-Austin area has 75 licensed beds, HealthSouth Rehabilitation Hospital of Richardson in the metro-Dallas area has 50 beds, and HealthSouth Rehabilitation Hospital Vision Park in the metro-Houston area has 60 beds.  

The $111.5 million acquisition was completed on Wednesday, July 20, 2016 when fellow Birmingham, Alabama company Medical Properties Trust (NYSE: MPW) and its affiliates sold the real estate for the referenced hospitals to The Sanders Trust in a joint venture with its Chicago-based capital partner Harrison Street Real Estate Capital, LLC.  JLL Healthcare Capital Markets Group brokered the sale on behalf of Medical Properties Trust. Financing for the deal was arranged by First Tennessee Bank, with other participants including Iberia Bank, Synovus Bank, and Renasant Bank. 

“We have previously acquired or redeveloped numerous rehab facilities across the country, and are pleased to be able to continue to do so as part of our long-term strategy,” stated Rance Sanders, president and CEO of The Sanders Trust. “These three properties are strong performing assets and are well located in affluent, growing communities in key Texas markets, adding tremendous value to our core portfolio.  We are especially pleased to expand our relationship with HealthSouth, an organization nationally recognized for delivering high quality patient care.”  


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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BIRMINGHAM, Ala. – The Sanders Trust (TST), a Birmingham-based healthcare real estate and development firm, was recognized at the 27th Annual Excellence in Construction Awards hosted by Associated Builders and Contractors of Alabama for their involvement in the development of the HealthSouth Rehabilitation Hospital of Cincinnati at Norwood. The project received a Merit Award in the Healthcare $10 - $25 million category.

The 40-bed, $17 million inpatient rehabilitation hospital totals 50,000 square feet and took 11 months for construction to be completed. Earlier this year, the state-of-the-art development was awarded the Norwood Chamber of Commerce Outstanding New Development Award. The Sanders Trust worked closely with the City of Norwood to ensure seamless development.

“It is a great honor to have one of our projects recognized at this year’s ABC Excellence in Construction Awards,” stated Rance Sanders, president and CEO of The Sanders Trust. “The acknowledgment of excellence for the HealthSouth Rehabilitation Hospital of Cincinnati at Norwood by its community and industry leaders is humbling and a direct reflection of the dedicated professionals involved.”

Robins & Morton of Birmingham, Alabama served as general contractor on the development, and the Dallas office of Perkins+Will provided the architectural services.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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BIRMINGHAM, Ala. – The Sanders Trust (TST), a Birmingham-based healthcare real estate and development firm, was recognized at the National Excellence in Construction Awards hosted by Associated Builders and Contractors for their development of the HealthSouth Rehabilitation Hospital of Cincinnati at Norwood. The project received the competition’s highest recognition, an Eagle Award, in the Healthcare $10 - $25 million category.

The 40-bed, $17 million inpatient rehabilitation hospital totals 50,000 square feet and took 11 months for construction to be completed. Over the past year, the state-of-the-art development was awarded the Norwood Chamber of Commerce Outstanding New Development Award and a Merit Award from the Associated Builders and Contractors of Alabama. The Sanders Trust worked closely with the City of Norwood to ensure seamless development.

“We are pleased to be recognized nationally for this outstanding project,” stated Rance Sanders, president and CEO of The Sanders Trust. “As the third award for the project, this achievement is a testament to our team and the community of Norwood. We would like to thank Robins & Morton, and all those involved, from initial concept through construction completion.”

The Excellence in Construction Awards honor the skill and creativity of the team that works collaboratively to deliver and outstanding project. Award recipients embody the principles of merit shop construction, achieving world-class performance in innovation and quality. (Per Associated Builders and Contractors, Inc.)

Robins & Morton of Birmingham, Alabama served as general contractor on the development, and the Dallas office of Perkins+Will provided the architectural services.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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BIRMINGHAM, Ala. – The Sanders Trust, a Birmingham-based healthcare real estate and development firm, has completed the $21 million acquisition of a Class A medical center in Hagerstown, Maryland. The deal marks the expansion of The Sanders Trust footprint into its 22nd state.

The Parkway Professional Center is a 71,000-square-foot ambulatory care center located on Western Maryland Parkway. The property was constructed in 2005 and expanded with modern upgrades in 2011. The property is fully leased to several of the premier medical providers in the region.

“The Sanders Trust footprint now extends into almost half the country,” stated Rance Sanders, president and CEO of The Sanders Trust. “Entering into a new market naturally comes with much consideration. We are pleased to be associated with such outstanding tenants and are gratified to add this strong asset to our portfolio.”

A major tenant in the center is Parkway Neuroscience & Spine Institute. PNSI provides a Center of Excellence for the diagnosis, management, and treatment of disorders of the brain, spine, and peripheral nervous systems for the tri-state region. The facility includes a cutting-edge outpatient surgery center, diagnostic imaging, and on-site physical therapy. Other major tenants include the Center for Joint Surgery and Sports Medicine, and Parkway Surgery Center, a subset of Surgical Care Affiliates, that offers comprehensive spine treatments and non-invasive surgical procedures. Imaging services offered on-site include a Fonar Upright Multi-Position MRI and a 3.0 Tesla MRI.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, has expanded its reach to half of the United States through its newest development in Glenview, Illinois. The Birmingham-based healthcare real estate and development firm, has commenced the development of a new $11.2 million medical office building in the affluent Chicago suburb.

The Sanders Trust has partnered with Clarius Partners Development Services, their Chicago-based project manager, to construct the 30,000 square foot medical office building. The facility will be 100% leased by the Fertility Centers of Illinois, S.C., a leading fertility treatment practice in the United States. Through their long term lease of the facility, the center will offer a comprehensive range of fertility treatments with an emphasis on in vitro fertilization and its related technologies. The centers also boast extensive experience in the continually evolving field of genetic screening of embryos, including diagnosis for single gene abnormalities.

“Not only is it a milestone for The Sanders Trust to enter its 25th state, but is also an honor to partner with a tenant that offers superb quality of care as we enter the high demand of the Chicago market,” stated Rance Sanders, President and CEO of The Sanders Trust.

This development marks The Sanders Trusts’ scope reaching half of the United States. Since the organization was formed by President and CEO Rance Sanders in 1989, The Sanders Trust has developed or acquired over $1 billion in medical properties and facilities across the country.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, has announced the opening of a new office in Dallas, Texas. With this recent expansion The Sanders Trust has named seasoned strategy director, Michael Arvin as the Director of Strategy & Development.

Michael Arvin, who will manage the new Dallas office for The Sanders Trust, brings 30 years of experience as a senior level healthcare executive who has worked with leading healthcare organizations in corporate development, strategic planning, real estate development, partnerships and acquisitions. During his healthcare development career, he has lead multiple projects that delivered de novo hospitals, medical office buildings, cancer centers, surgery centers, post-acute facilities, and mixed-use multi-purpose medical development.

“Healthcare reform continues to provide challenges for hospitals and health systems and The Sanders Trust has proven to be a valued strategic partner to maximize the highest and best use of their real estate assets. With the addition of Michael and the opening of our Dallas, Texas office, we continue to focus on the needs of our health system clients and growth in the Southwest and Texas,” stated Rance M. Sanders, President and CEO.

Prior to forming his own firm, Alliance Strategic Health Advisors, LLC (based in Dallas), in 2011, Michael held senior level business development and strategic planning roles with Methodist Health System in Dallas, Texas. From 2007-2011, Methodist embarked on a multi-year strategic growth plan which included doubling the size of the company through new hospital development, hospital acquisition, primary care network development, additional sites of service. Michael has also held regional, divisional and corporate strategic development roles with Tenet Healthcare, HCA, and US Oncology.
ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, recently announced a $27 million acquisition in Kyle, Texas. Warm Springs Rehabilitation Hospital is a two-story rehabilitation hospital that totals 54,500 rentable square feet and is the only freestanding, licensed rehabilitation hospital in Kyle, a suburb of Austin.

The property is 100 percent leased by a joint venture between Post Acute Medical, Seton Healthcare and Medcore Partners. Seton Medical Center is part of Ascension Health, the largest non-profit health system in the U.S. and the world’s largest Catholic health system.

The post-acute care hospital hosts 40 private rooms, a pharmacy, a lab and imaging services on-site, plus an indoor heated salt water pool with the latest in rehabilitation technology. In addition to medical rehabilitation management, the hospital provides physical therapy, speech language pathology, occupational therapy, neuropsychology, respiratory therapy, rehabilitation nursing, and case management.

“The acquisition of Warm Springs Rehabilitation Hospital is an exciting addition to our growing portfolio at The Sanders Trust,” stated Rance M. Sanders, President and CEO of The Sanders Trust. “We are pleased to be part of the team providing medical rehabilitation and many other easily-accessible healthcare services in Kyle.”

Warm Springs Rehabilitation Hospital is located at 5980 Kyle Parkway. The property is across the street from the Seton Medical Center Hays campus, the only acute care hospital provider in Kyle and is strategically positioned as the hospital’s primary rehabilitation program.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala. – The Sanders Trust (“TST”), a Birmingham-based healthcare real estate and development firm, is a sponsor and will have a few of their executives speaking at the InterFace Healthcare Real Estate Conference on Thursday, September 27th at the Westin Galleria in Dallas, TX. Michael Arvin, Director of Strategy & Development of TST’s Dallas office, will be moderating a panel discussion focused on rural healthcare issues and the strategic value that micro-hospitals can have on addressing this critical need.  Steve Hewett, SVP at TST, will be a panelist on the topic of acquisitions and financing of healthcare real estate trends.

The InterFace Conference is a national information and networking event for anyone involved in healthcare and medical office real estate, including: hospitals and healthcare systems, owners/investors/developers, lenders and financial intermediaries, leasing, management and operations specialists, and others allied to the industry. “The Sanders Trust is proud to announce our involvement with the InterFace Healthcare Real Estate Conference in Dallas, Texas later this month,” stated Rance Sanders, President and CEO of The Sanders Trust. “As our team has recently added to our portfolio in this market with our acquisition of the Warm Spring Rehabilitation Hospital in Kyle, Texas and opening of our Dallas office run by Michael Arvin, this conference is a great opportunity for our team to further grow in this market.”

TST remains very active in the healthcare real estate market, and recently announced the acquisition of a $27 million hospital in a suburb of Austin. Warm Springs Rehabilitation Hospital in Kyle, Texas, is a two-story rehabilitation hospital with 54,500 rentable square feet. It is the only free-standing, licensed rehabilitation hospital in this area. The property is 100 percent leased by a joint venture between Post Acute Medical, Seton Healthcare and Medcore Partners.   

ABOUT MICHAEL ARVIN
Michael Arvin manages the Dallas office for The Sanders Trust. Michael was recently appointed to the Board of Directors of the North Texas Commission for a three-year term. Previously, Michael served on the Healthcare Task Force for the NTC and was nominated this summer to a seat on the full board.  The North Texas Commission is a public-private partnership dedicated to advancing the vibrancy of the North Texas region. It is made up of Fortune 500 companies, municipalities, regional chambers and local and state businesses that works to address regional problems and opportunities while focusing on ways to unify the North Texas region through advocacy and education.


Michael joined The Sanders Trust in June of 2018 with 30 years of experience as a senior level healthcare executive who has worked with leading healthcare organizations in corporate development, strategic planning, real estate development, partnerships and acquisitions. During his healthcare development career, he has led multiple projects that delivered de novo hospitals, medical office buildings, cancer centers, surgery centers, post-acute facilities, and mixed-use multi-purpose medical development.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, announced a $24.5 million acquisition in Tulsa, Oklahoma in July 2018. Built in 2017, PAM (Post Acute Medical) Rehabilitation Hospital is a state-of-the-art, 40-bed inpatient rehabilitation hospital. With over 34 locations throughout the country, PAM is a national operator of specialty and rehabilitation hospitals focused on providing high quality post-acute care in the most efficient and cost-effective setting.

This hospital focuses primarily on inpatient medical rehabilitation for patients who have experienced a stroke, brain injury, orthopedic conditions or spinal cord injury and features a laboratory, pharmacy, aquatic therapy, dietary department with kitchen and emergency treatment unit. This location was selected as a mission critical location due to its highway visibility and shared street access with a hotel.

“The PAM Rehabilitation Hospital in Tulsa is unique for many reasons but the hospital’s location and proximity to other medical facilities was the main draw for us,” stated Rance M. Sanders, President and CEO of The Sanders Trust. “We are pleased to be involved with another one of PAM’s hospitals and to continue to grow our portfolio in such a high quality market.”

PAM Rehabilitation Hospital is located in the Shadow Ridge medical district; directly across the street is Hillcrest Hospital South and less than one mile east is Saint Francis Hospital South. Just south of PAM is the Oklahoma Heart Institute, the most advanced dedicated hospital for the prevention and treatment of heart disease in Oklahoma. Five-miles northwest of PAM is St. Francis Hospital’s main campus which includes the Heart Hospital, Joint Replacement Center and the region’s only Children’s Hospital for a total of 1,112 beds. 

PAM Rehabilitation Hospital’s exact location is at 10020 South 91st Street in Tulsa, Oklahoma. The hospital is located near the intersection of two major state highways, US 169 and US 64 and within the Tulsa-Broken Arrow-Owasso Metropolitan Statistical Area.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala. – The Sanders Trust, a Birmingham-based healthcare real estate and development firm, has announced the acquisition of an Eating Recovery Center facility in Denver, Colorado which marks the 26th state for the company. $17 million p, The 34,068 SF facility located at 98 Spruce Street was built in 2010, and is operated by Denver-based, Eating Recovery Center, LLC.

The Eating Recovery Center system has become internationally recognized as the leading provider for the treatment of eating disorders including anorexia, bulimia, binge eating and other unspecified eating disorders. As the nation’s only healthcare system dedicated to the treatment of eating disorders at all levels of care, they employ a vertically integrated approach, treating all genders, ages and acuity levels. They operate a network of more than 25 facilities in 11 metro areas, treating in excess of 3,500 patients annually.

“The Eating Recovery Center facility offers healing and hope for lasting recovery to individuals and families suffering with an eating disorder and we are pleased to partner with this prominent hospital system,” stated Rance Sanders, President and CEO of The Sanders Trust. “The Sanders Trust is honored to help support Eating Recovery Center’s continuing healthcare mission.”


http://wolfmediausa.com/2019/01/07/news-release-the-sanders-trust-acquires-17-million-specialty-hospital-entering-26th-state/


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala. – The Sanders Trust, a Birmingham-based healthcare real estate and development firm, has announced the real estate acquisition of Serenity at Summit New England. The medically supervised drug detox and alcohol addiction treatment center is a 41-bed facility consisting of 25,455 square feet. Serenity at Summit New England provides the clinical and medical services, structure, support and counseling necessary for addicted individuals to stop using alcohol and drugs and to prevent relapse.

 

The property is operated by Summit Behavioral Health, a subsidiary of Delphi Behavioral Health Group. Delphi is a leading substance abuse treatment provider within a rapidly expanding behavioral market throughout the United States. Delphi’s origins date back to the 1970s with the founding of Palm Beach Institute. Today, Delphi operates 14 residential treatment facilities with more than 350 beds across six states.

 

“Given the current significant addiction epidemic in our country, the need for quality facilities and care is greater than ever before. The Sanders Trust is extremely impressed with the services, high quality treatment and support offered at Serenity at Summit New England,” stated Rance Sanders, President and CEO of The Sanders Trust.

 

Serenity at Summit New England is located at 61 Brown Street in Haverhill, Massachusetts, a suburb north of Boston along the historic Merrimack River. The facility is strategically located adjacent to the 122-bed Holy Family Hospital – Haverhill, a member of Steward Health.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala. – The Sanders Trust, a Birmingham-based healthcare real estate and development firm, has announced its real estate acquisition of the Bakersfield Heart Hospital (BHH) an award-winning hospital located in Bakersfield, California. The 85,971 square foot, Class “A” facility was built in 2000 and adds California as the 27th state where The Sanders Trust has developed or acquired medical properties.

BHH will continue to be owned and managed by their current team of over 400 employees, leading cardiologists, physicians and surgeons in Bakersfield and Kern County. BHH offers an outstanding physician/staff-to-patient ratio, utilizing 47 modern and private inpatient rooms, three operating rooms specially designed for heart and vascular surgery, an eight-bed emergency department, four cardiac catheterization labs (including one lab equipped for electrophysiology), and 12 outpatient surgery beds. In addition to specializing in the diagnosis and treatment of heart and vascular disease, BHH also offers a full-service emergency room and a total joint program.

BHH has consistently been ranked within the top ten percent in the U.S. for Cardiac Care, as well as in the top ten percent in the state of California for Interventional Coronary Care by CareChex. BHH is also ranked number one in the market for patient satisfaction in Overall Hospital Care– Major Cardiac Surgery and Heart Attack Treatment. The American College of Cardiology (ACC) has recognized BHH as the only hospital in California designated as an accredited Heart Failure Center.

“The Sanders Trust is pleased to have the opportunity to acquire this state-of-the-art healthcare facility nationally known for its award-winning cardiac care, clinical outcomes, and patient satisfaction,” stated Rance Sanders, President and CEO of The Sanders Trust. BHH was advised by Christopher Stai, Managing Director for Brown Gibbons Lang & Company in the sale of the real estate, with financing provided by CIT Bank.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Aside from the amazing food, the highlight of the annual breakfast attended this year by Rance and Angie Sanders, is the naming of the Bart Starr Award. “The Bart Starr Award is given to the player who best exemplifies outstanding character and leadership in the home, on the field, and in the community.” The award is named after Hall of Fame quarterback, Bart Starr, for being a positive role model within those three categories. Read More


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, is pleased to announce they have been selected as the developer to finance, construct and own the freestanding rehabilitation hospital, Mercy Iowa City Rehabilitation Hospital in Coralville, just outside of Iowa City, Iowa.

The joint venture between Catholic Health Initiatives – Iowa Corp., an Iowa non-profit corporation doing business as Mercy Hospital - Iowa City and Kindred Healthcare Operating, Inc. selected The Sanders Trust as their development partner of the inpatient rehabilitation facility. The Sanders Trust will own the real estate and the Rehabilitation Hospital will be operated by the Mercy/Kindred joint venture.

A formal groundbreaking ceremony at the construction site took place in April. Located at 2801 Heartland Drive, the facility is expected to open by the second quarter of 2020 and will provide care for patients recovering from stroke, traumatic brain injury, spinal cord injury, amputation and other conditions.

The 54,000-square-foot facility will feature 40 patient beds, along with gymnasiums outfitted for high-tech therapy devices and treatments. Mercy Iowa City Rehabilitation Hospital will provide nursing care, physical therapy, occupational therapy, speech pathology, and related services to post-acute patients for whom the average stay is approximately 13 days. 

“Mercy Iowa City Rehabilitation Hospital will provide state-of-the-art technology and treatment for patients needing comprehensive rehabilitation. Our team is extremely proud to be working with Mercy and Kindred, again, on the state’s second freestanding rehabilitation facility,” stated Rance M. Sanders, President and CEO of The Sanders Trust.

Earl Swensson Associates, a nationally-recognized architecture firm based in Nashville, has designed the building. JE Dunn, also from Nashville, serves as General Contractor on the project. Last year, The Sanders Trust (with Mercy and Kindred) opened Iowa’s first freestanding rehabilitation hospital, Mercy Rehabilitation Hospital in Des Moines, Iowa.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, announces the expansion of PAM (Post Acute Medical) Rehabilitation Hospital in Tulsa, Oklahoma, which the firm acquired for $24.5 million in July 2018.

Built in 2017, PAM (Post Acute Medical) Rehabilitation Hospital is a state-of-the-art, inpatient rehabilitation hospital. With over 34 locations throughout the country, PAM is a national operator of specialty and rehabilitation hospitals focused on providing high quality post-acute care in the most efficient and cost-effective setting.

Originally, the hospital had capacity of 40 beds. The addition will provide 13 new beds and approximately 8,100 square feet. The Sanders Trust is working with E4h Architects of Dallas and Skiles Group is serving as contractor for the project.

“The Sanders Trust is pleased to assist PAM in expanding operations at their Tulsa hospital and facilitate their continued successful service to the community,” stated Rance M. Sanders, President and CEO of TST.

This hospital focuses primarily on inpatient medical rehabilitation for patients who have experienced a stroke, brain injury, orthopedic conditions or spinal cord injury and features a laboratory, pharmacy, aquatic therapy, dietary department with kitchen and emergency treatment unit.

PAM Rehabilitation Hospital is located in the Shadow Ridge medical district; directly across the street is Hillcrest Hospital South and less than one mile east is Saint Francis Hospital South. Just south of PAM is the Oklahoma Heart Institute, the most advanced dedicated hospital for the prevention and treatment of heart disease in Oklahoma. Five-miles northwest of PAM is St. Francis Hospital’s main campus which includes the Heart Hospital, Joint Replacement Center and the region’s only Children’s Hospital for a total of 1,112 beds.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 27 states.
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The Sanders Trust
1000 Urban Center Drive | Suite 675
Birmingham, Alabama 35242
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Phone: 800-565-2585
Fax: 205-298-0810
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