Pursuing Better Healthcare Through Real Estate Solutions
Anchor Health Properties and Chestnut Funds Come Together to Form New Vertically Integrated Healthcare Real Estate Firm
News:
Our Story
Since 2012, Anchor Health Capital (formerly Chestnut Funds) has invested in healthcare real estate through seven commingled funds, as well as direct and co‑investment opportunities.
Anchor Health Properties, a national healthcare real estate development, management, and investment firm founded in 1985, has long been a strategic partner. Its track record includes more than 3.9 million square feet of developed projects valued at over $1.9 billion and $2.9 billion in acquired healthcare properties.
In 2026, the two organizations came together to form a vertically integrated healthcare real estate platform—uniting fund management with development, acquisition, and operational capabilities. This integration positions the combined firm as a leading provider of healthcare real estate solutions for healthcare providers and investors.
Together, Anchor Health Capital’s investment capabilities and discretionary capital, paired with Anchor Health Properties’ national platform, enable us to execute efficiently across a broad range of healthcare real estate opportunities.
Team
Our team brings discipline and deep healthcare real estate expertise to every investment. We take a hands‑on, detail‑oriented approach to each transaction, supported by professionals with extensive experience in development, acquisition, and asset management. This focus enables us to deliver institutional‑quality opportunities tailored to the needs of high‑net‑worth individuals, family offices, and institutional investors.
Since 2012, Anchor Health Capital (formerly Chestnut Funds) has sponsored seven investment funds and multiple single‑asset vehicles.
Steen Watson
President
Kurt Hutter
Managing Director, Investments
David Jonas
Director, Capital Formation
Kennedy Griffin
Senior Asset Manager
Hailey Johnston
Investor Relations Manager
Ryan Peus
Senior Associate, Capital Formation
Ben Ochs
Director, Investment Committee Member
Jake Robbins
Director, Investment Committee Member
Investing in Purpose-Built Healthcare Real Estate
Building on Anchor Health Capital’s healthcare real estate experience and the capabilities of the broader Anchor platform, the Anchor Net Lease Healthcare Properties Fund invests in pre-leased, purpose-built specialty healthcare facilities developed in partnership with health systems, providers, and experienced operators. The Fund is focused on assets that support the continued growth of outpatient and specialized inpatient care, with an emphasis on long-term net lease structures, disciplined development execution, and alignment with the evolving needs of healthcare delivery.
Contact Us
If you have any questions or would like to speak with a member of our team, please submit the form below. We look forward to hearing from you.
832 Georgia Ave ∙ Suite 221 ∙ Chattanooga, TN
A SUBSIDIARY OF ANCHOR HEALTH PROPERTIES