PAM Health Rehabilitation Hospital of Westminster

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer for sale the fee simple interest in PAM Health Rehabilitation Hospital of Westminster (“PAM Health Westminster” or “the Property”), a 36-bed inpatient rehabilitation hospital (“IRF”) in Westminster, Colorado. The Property is operated by PAM Health (“PAM”), a best-in-class operator with strong fundamentals dedicated to helping patients recover from acute illnesses and injuries.

Located in northwest Denver, the 37,130-square-foot IRF is subject to a long-term absolute net lease with 13.3 years of remaining term, desirable annual rent escalations and a corporate guaranty from a PAM affiliate. Operations at the hospital commenced in October 2021 and have experienced outsized growth with strong cash flow margins and rent coverage.

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The freestanding hospital features 36 private rooms across two floors, is equipped with the latest rehabilitation equipment and staffed by a caring team of medical experts who provide comprehensive inpatient and outpatient care. The offering provides investors the rare opportunity to acquire a state-of-the-art, Class A rehabilitation hospital with a distinguished national operator and leading IRF operator in the state of Colorado.