US private investment firm Ziegler Companies has closed its fourth healthcare real estate fund on $5.6 million.
The fund will invest in existing and to-be-developed medical buildings and will partner with doctors who wish to be minority owners or “physician tenants”.
“During this time of turmoil in the financial markets, investments in healthcare and real estate remain more stable,” John Sweet, a Ziegler managing director, said in a statement.
Ziegler’s healthcare portfolio of 21 properties in 12 US states is managed by Ziegler Healthcare Real Estate Funds I to III. The assets total $164 million and make up approximately 690,000 square feet.