AEI Capital Fully Subscribes $27 Million Healthcare DST
Real estate investment sponsor AEI Capital Corporation has raised more than $27 million for its private investment offering: AEI Healthcare Portfolio V DST. Filed in June 2024, the offering is now fully subscribed and closed to new investors. The DST is AEI’s 114th 1031 exchange offering.
The DST portfolio consists of three specialized healthcare properties that are net-leased to national tenants, a Community Health Network and two Orlando Health properties. These properties, purchased for an undisclosed amount, are located in Indiana and Florida, total a combined area of 56,930 square feet.
Each asset within the DST operates in a specialized healthcare sector that has growing demand. According to AEI, all the properties feature long-term leases with rental escalators, backed by the credit of the corporate tenant and/or guarantor.
“Whether the economy is growing or contracting, the healthcare industry continues to expand. The rising demand for medical services and favorable demographic trends reinforce our strong belief in the healthcare sector’s long-term potential,” said Paula R. Tillett, executive vice president – distribution director at AEI Capital Corporation.
AEI Capital Corporation is an alternative investment firm that specializes in offering accredited investors debt-free, single-tenant, net-leased, private placement 1031 DST and fund real estate investments. Founded in 1970, AEI has sponsored more than 150 private placement offerings, managed over $1.5 billion in assets, and acquired 500+ properties in 44 states.
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