Vital Capital Partners Raises Distribution on Dallas Healthcare DST Offering
Vital Capital Partners, a healthcare real estate investment manager, has raised the distribution rate on its HPA Exchange – Vital Medical Dallas TX DST from 5.35% to approximately 6.04% of equity, effective June 1, 2026.
The company said the changes are based on assumptions set forth in the offering documents, and are not guarantees of future performance, are subject to change, and actual results may differ materially.
The Delaware statutory trust offering has raised more than 50% of its $9.67 million equity target from accredited investors. The offering consists of an 86,880-square-foot hospital occupied and operated by Nexus Dallas Children’s Hospital and is intended to qualify as replacement property for investors seeking to complete a tax-deferred exchange under Section 1031 of the Internal Revenue Code.
Since the DST offering launched in September 2025, the tenant has made several enhancements to the property, including the installation of a large children’s playground, an elevator, and other infrastructure improvements. Vital Capital said bed occupancy has remained stable.
“Nexus Dallas Children’s Hospital is a purpose-built, fully renovated facility that has a bed count of 30, with the potential to expand to 60,” said Robert Lee, co-managing partner and co-founder of Vital Capital Partners. “The patient population it serves includes those with brain and spinal cord injuries and complex medical conditions, reflecting healthcare services that historically have been driven by patient needs for specialized care. Our underwriting supports our confidence that this offering is well-positioned to sustain distributions throughout the hold period.”
Located at 9525 Greenville Ave., the 3.64-acre property was built-to-suit for Nexus Dallas Children’s Hospital, a subsidiary of Nexus Health Systems, via a full building renovation in 2022.
Nexus Dallas Children’s Hospital acts as a bridge between acute hospitals and home, and offers seven care programs across 10 specialized services, including: cognitive therapy, occupational therapy, outpatient services, physical therapy, psychiatry and behavioral management, recreational therapy, respiratory/pulmonary therapy, speech therapy, vocational therapy, and wound care.
“This facility reflects our focus on bringing mission-critical healthcare real estate to the private wealth channel,” said Thùy Turner, co-managing partner and co-founder of Vital Capital Partners. “Nexus Dallas Children’s Hospital serves patients with complex diagnoses who have few alternatives, and that type of needs-based, purpose-built asset in a high-growth market aligns with our investment strategy.”
Vital Capital Partners launched in 2024, building on the founders’ decade-long experience together in acquiring and managing healthcare real estate through prior institutional platforms.
For more Vital Capital Partners news, visit its directory page.
