ANCHOR NET LEASE HEALTHCARE PROPERTIES FUND

Investing in the Future of Healthcare Delivery 

The Anchor Net Lease Healthcare Properties Fund invests in purpose-built specialty healthcare facilities developed in partnership with leading health systems and healthcare operators. 

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This website is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security. Investments are available only to accredited investors, subject to applicable securities laws.

Long-Term Net Lease Structures

The Fund focuses on single-tenant absolute net lease structures, which are primarily self-managed by the tenant and designed to support durable income and long-term value creation. 

Pre-Leased Development Strategy

All projects in the Fund are backed by tenant commitments before construction begins, helping reduce leasing risk and align development with demand. 

Purpose-Built Healthcare Real Estate

The Fund invests in specialty facilities designed to support the clinical needs of healthcare systems, operators, and the communities they serve. 

THE OPPORTUNITY 

Built for the evolving healthcare landscape. 

Healthcare delivery continues to move beyond traditional hospital campuses into specialized, community-based facilities designed to improve access, efficiency, and patient outcomes. 

At the same time, health systems are facing increasing capital constraints while demand for outpatient and specialty services continues to grow. This creates a compelling need for experienced real estate partners who can finance, develop, and operate modern healthcare facilities. 

Growth of Outpatient and Specialty Care

Care delivery is increasingly shifting into lower-cost, highly specialized outpatient and community-based settings. 

Source: Kaiser Family Foundation, Hospital Outpatient Visits per 1,000 Population by Ownership Type; Hospital Admissions per 1,000 Population by Ownership Type.

Aging U.S. Demographics

An aging population is driving demand for post-acute, rehabilitative, emergency, and other essential healthcare services. 

Source: U.S. Census Bureau Population Projections; U.S. Centers for Medicare & Medicaid Services.

Rising Healthcare Expenditures

Continued growth in healthcare spending supports long-term demand for facilities that expand access and improve care delivery. 

Source: U.S. Centers for Medicare & Medicaid Services National Health Expenditure Accounts; Health Affairs reporting on 2024 and recent trends.

THE ANCHOR PLATFORM

A vertically integrated healthcare real estate platform. 

The Fund combines the investment management expertise of Anchor Health Capital with the development, ownership, and operational capabilities of Anchor Health Properties. Together, the platform provides access to opportunities sourced through longstanding relationships with health systems and healthcare providers nationwide. 

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Anchor Health Capital is the investment management subsidiary of Anchor Health Properties. References to the broader Anchor platform reflect the affiliation between the two entities and the complementary roles they play across investment management, development, operations, and asset management. Each entity maintains distinct responsibilities within the platform.

PROPERTY TYPES

Investing in mission-critical healthcare facilities. 

The Anchor Net Lease Healthcare Properties Fund focuses on six specialized healthcare facility types that support essential clinical services across outpatient, acute, and post-acute care settings. These purpose-built assets are designed to help healthcare systems and operators expand access, improve efficiency, and deliver care closer to the communities they serve.

  • Ambulatory Surgery Centers

    Freestanding outpatient facilities delivering same-day surgical and diagnostic procedures in lower-cost, highly efficient settings that continue to gain market share from traditional hospital environments. 

  • Freestanding Emergency Departments

    24/7 emergency care facilities that expand health system access in growing communities while providing hospital-level emergency services closer to patients. Learn More

  • Inpatient Rehabilitation Facilities

    Purpose-built post-acute hospitals delivering intensive rehabilitation services for medically complex patients recovering from stroke, trauma, surgery, and other significant health events. Learn More

  • Micro Hospitals

    Small-format acute care facilities offering emergency, diagnostic, and limited inpatient services designed to extend health system reach into high-growth markets. Learn More

  • Behavioral Health Facilities

    Facilities supporting mental health and substance-use treatment through outpatient, residential, and inpatient care models serving a rapidly expanding area of healthcare demand. 

  • PACE Facilities

    Program of All-Inclusive Care for the Elderly centers that provide comprehensive healthcare and social services allowing seniors to remain independent and age in place. 

STRATEGY BENEFITS

Designed to align healthcare demand with disciplined real estate execution. 

  • Build-to-suit projects are typically secured with health system or operator commitments before construction begins, helping reduce leasing and demand risk. 

  • Single-tenant, absolute-net leases transfer all operating and capital expense responsibilities to tenants, potentially increasing cash flow compared to NNN leases.

  • Annual contractual rent escalations can support income growth and provide a measure of inflation protection. 

  • Health system partners identify locations and service needs based on demonstrated clinical demand and market requirements. 

  • Growing institutional and private equity interest in specialty healthcare real estate may contribute to greater transaction activity and liquidity at the property level, with the potential for yield compression.

  • Specialty healthcare facilities support essential medical services that benefit from demographic trends, population growth, and ongoing healthcare utilization. 

The Fund Benefits From:

  • A triple-net lease, or NNN lease, is a lease structure in which the tenant is generally responsible for property taxes, insurance, and maintenance expenses. An absolute net lease goes a step further by typically placing responsibility for nearly all property-level expenses on the tenant, including repairs and capital expenditures. 

    Because absolute net leased facilities are primarily self-managed by the tenant, this structure is designed to reduce landlord operating responsibilities, limit exposure to expense variability, and support more predictable long-term cash flow for investors. 

  • Anchor Health Properties sources opportunities through longstanding relationships with health systems, healthcare operators, and provider groups across the country. These relationships are cultivated and managed by their 19-person Development and Construction team, which works directly with healthcare partners to identify facility needs, evaluate market opportunities, and structure purpose-built development projects.

  • Anchor Health Properties has developed 64 healthcare properties totaling approximately 3.9 million square feet across markets nationwide. This track record reflects the firm’s long-standing focus on purpose-built healthcare real estate and its experience delivering clinical facilities in partnership with healthcare systems and operators. 

  • The Fund is expected to develop approximately 20 to 25 healthcare properties, subject to market conditions and the timing of individual development opportunities. The final portfolio may vary based on project size, geography, tenant relationships, and overall investment strategy. 

  • The Fund is expected to focus primarily on what are commonly referred to as “Smile States.” These generally include markets across the East and West Coasts, Southeast, Southwest, and Sun Belt. These regions continue to benefit from population growth, demographic tailwinds, and expanding demand for outpatient, post-acute, and specialty healthcare services. 

  • The Fund is generally expected to participate in projects ranging from $10 million to $50 million in total project cost. This range is intended to support a diversified portfolio of purpose-built specialty healthcare facilities across multiple property types, operators, and markets. 

  • The Fund is designed to generate income as development projects are completed, leased facilities become operational, and tenants begin making rent payments. Subject to available cash flow, Fund performance, and the terms outlined in the offering documents, the Fund expects to make distributions to limited partners as income is available. 

FREQUENTLY ASKED QUESTIONS

INVESTOR REQUEST

Ready to learn more?  

Please submit this form to learn more about investing in the Anchor Net Lease Healthcare Properties Fund. 

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This website is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security or investment product. Any offering of interests in the Anchor Net Lease Healthcare Properties Fund will be made only through confidential offering materials and only to accredited investors and other qualified purchasers, subject to applicable securities laws.

Investing in private real estate funds involves a high degree of risk, including the potential loss of the entire investment. Investments held by private funds may be illiquid, difficult to sell, and subject to restrictions on transfer or redemption. Past performance is not indicative of future results, and no current or prospective investor should assume that any investment strategy or investment made by Anchor Health Capital will be profitable or achieve any particular level of return.