Hammes Partners Exceeds Target for Core-Plus Healthcare Real Estate Initiative Closing $445 Million in Equity

Hammes Partners announced the closing of $445 million in equity commitments for its core-plus healthcare real estate platform —building on a history of institutional investment in healthcare real estate.

Hammes Partners, one of the leading institutional investment management firms focused on the U.S. healthcare real estate market, announced the successful closing of $445 million in equity for its core-plus healthcare real estate platform. Hammes significantly exceeded its target of $350 million, securing $445 million in equity commitments from a diverse base of institutional investors. The firm plans to continue to scale its core-plus platform over time.

"We are grateful for the strong support from new investors as well as returning investors that remain confident in our investment strategy and track record," said Patrick Hammes, Managing Principal of Hammes Partners. "We believe this platform will enable us to provide our investors with exposure to quality, highly stabilized U.S. healthcare real estate assets while supporting the facility objectives of our healthcare provider partners nationwide."

The new core-plus initiative will focus on investments in healthcare facilities that have resilient and predictable cash flows. Leveraging approximately 25 years of investment experience and drawing on its roots as an operator, the initiative will target well-positioned facilities that are integral to the real estate footprints of leading healthcare providers.

As part of a national, vertically integrated healthcare real estate platform, Hammes Partners is complemented by the suite of services offered by its affiliates, including Hammes Healthcare and Hammes Realty Services. Hammes Healthcare is a nationally recognized leader in healthcare real estate consulting and project delivery while Hammes Realty Services provides comprehensive property management services.

Alston & Bird, LLP served as legal counsel in the formation of the fund.

About Hammes Partners

Hammes Partners is a private investment platform focused exclusively on the U.S. healthcare real estate market, including investments in existing assets, entitled development projects and adaptive reuse opportunities.

The Hammes platform has been recognized as one of the nation’s leading healthcare developers by Modern Healthcare’s Construction & Design Survey for 27 consecutive years—including 21 years as No. 1— and by Revista’s Outpatient Healthcare Real Estate Development Report.

Headquartered in Milwaukee, Wisconsin, Hammes provides services through a network of regional offices strategically located across the United States. For more information, please visit www.hammespartners.com.

Hammes significantly exceeded its target of $350 million, securing $445 million in equity commitments from a diverse base of institutional investors. The firm plans to continue to scale its core-plus platform over time.

Contacts

Media Contact:

Katherine Murray

Vice President of Marketing, Hammes

kmurray@hammes.com

(414) 509-2595

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