February 1st, 2015
Woodside Health completed refinancing its Southwest General Middleburg Medical Center property. Acquired in 2011, the building is home to medical practices and administrative offices of Southwest General Hospital and also Heritage College, which trains health care professionals. As a result of the refinancing, investors have now received distributions and a return of capital that exceed their original investment. "We've added anchor tenants and made a beautiful building even nicer in the 4 years that we've owned it," said Ted Barr, principal of Woodside Health. "This is a thriving property for our tenants and has proven to be a successful investment for investors," he added.