Vital Capital Targets $16M for Texas Inpatient Rehab Hospital DST
Vital Capital Partners, a healthcare real estate investment manager and sponsor, has launched Vital Capital Medical – Temple TX DST, a Delaware statutory trust offering seeking to raise $15.95 million in equity from accredited investors through the independent broker-dealer and registered investment adviser channels. The offering is structured around a build-to-suit inpatient rehabilitation hospital operated by LifePoint Health, a diversified healthcare system in the United States.
“This is a modern, purpose-built inpatient rehabilitation hospital designed for post-acute inpatient and outpatient clinical use in one of the most compelling segments of medical real estate today,” said Robert Lee, co-managing partner and co- founder of Vital Capital Partners.
Located at 23621 SE H K Dodgen, the six-acre property has been operated by LifePoint Health since its March 2023 purchase from Everest Healthcare. Last month, AltsWire reported on Vital Capital Partners’ acquisition of the hospital.
“The property sits in a prime medical district, is operated by a top private healthcare system and features a long-term absolute triple-net lease structure with options and annual attractive rent escalations,” added Lee. “Attributes like these are what Vital Capital Partners seeks to include in our Delaware statutory trust offerings.”
The property is leased to LifePoint Health under a 15-year absolute triple-net lease with more than nine years remaining. The lease includes contractual rent escalations and three 10-year renewal options. The 38,817-square-foot hospital includes 36 inpatient rehabilitation beds.
According to Vital Capital Partners, LifePoint Health reported more than $9 billion in total annual revenues in 2024. The company operates a national network serving patients in 33 states with 60 community hospital campuses, more than 70 rehabilitation and behavioral health hospitals and over 300 additional sites of care. LifePoint has a workforce of nearly 55,000.
“Standalone inpatient rehabilitation facilities are becoming increasingly vital as healthcare shifts toward lower-cost, higher-outcome care settings,” added Thùy Turner, co-founder and co-managing partner of Vital Capital Partners. “Strategically located near major regional healthcare hubs in a market with strong population growth and a rapidly expanding 65-plus demographic, we believe this asset is well-positioned for long-term performance and will resonate with investors seeking institutional-quality healthcare real estate exposure within a diversified portfolio.”
According to the Medicare Payment Advisory Commission’s March 2025 Report to Congress, standalone inpatient rehabilitation facilities continue to expand in importance as healthcare shifts toward lower-cost, higher-outcome rehabilitation settings.
Vital Capital Partners launched in 2024, building on the founders’ experience acquiring and managing healthcare real estate through prior institutional platforms. The firm, through a joint venture with HPA Exchange, has sponsored two prior DST healthcare asset offerings for accredited investors distributed through independent financial advisers.
For more Vital Capital Partners news, visit its directory page.
