Vital Capital Partners has acquired a purpose-built inpatient rehabilitation hospital in Temple, Texas, along the Interstate 35 corridor approximately one hour north of Austin.
The 38,817-square-foot facility, completed in 2018 as a build-to-suit development, is 100 percent leased to LifePoint Health, the second-largest inpatient rehabilitation provider in the U.S., under a long-term absolute triple-net lease. Located near Baylor Scott & White’s Temple Medical Center and the Olin E. Teague Veterans Center, the hospital includes 36 licensed beds and began operations under LifePoint in March 2023. The property is expected to be structured as a Delaware statutory trust (DST) offering sponsored by Vital Capital Partners for accredited investors participating through broker-dealers, registered investment advisory firms, family offices and financial advisors in the private wealth channel.