Catalyst and National Real Estate Advisors Start Construction on PAM Health's New Inpatient Rehabilitation Hospital
May 2, 2023
PENSACOLA, FL – Catalyst Healthcare Real Estate (Catalyst), a full-service healthcare real estate investment firm, and National Real Estate Advisors, LLC (National), an investment manager developing and managing large-scale real estate projects on behalf of its clients, begin the development of a 49,000 square foot inpatient rehabilitation hospital (IRH) in Winter Garden, Fla.
“Catalyst collaborated with PAM Health to identify Winter Garden as an underserved market for post-acute services,” said Alex Bell, Partner at Catalyst. “This strategically positioned IRH will be a vital resource for local residents and the surrounding communities, offering them the necessary care they need.”
To meet the growing demand in this area, this IRH will have 42 beds and capture referrals from four hospitals within a 10-mile radius. Due to a lack of IRHs, the property will receive additional referrals from hospitals in Orlando and surrounding markets.
“PAM Health is committed to providing high-quality medical care to the residents of Florida,” explained Anthony Misitano, Founder, Chairman, and CEO of PAM Health. “By offering a state-of-the-art inpatient and outpatient rehabilitation hospital in the Winter Garden area, we will be bringing much-needed services to local residents, allowing them to continue their healthcare journeys closer to home.”
This one-story IRH will be 100% leased and operated by PAM Health. The IRH will offer onsite physical, occupational, and speech therapy services while providing comprehensive, individualized treatment to improve the recovery of patients.
"National is proud to partner with Catalyst and PAM Health in the development of this state-of-the-art inpatient rehabilitation hospital. Our shared commitment to generating good returns, creating good jobs, and delivering high-quality health solutions for the community is the foundation of our successful partnership,” said Jeffrey Kanne, President & CEO of National Real Estate Advisors. “We look forward to continuing our work together and delivering exceptional healthcare facilities to communities in need."
Including Winter Garden, Catalyst has eight projects recently constructed or under construction with PAM Health nationwide. This partnership looks forward to continuing to deliver better access to quality outcomes through their shared vision.
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ABOUT CATALYST HEALTHCARE REAL ESTATE
Catalyst is a national, full-service healthcare real estate investment firm. Our platform of integrated real estate deliverables is specifically designed for the ever-evolving landscape of healthcare. Our team seeks to positively impact healthcare with strategic investment in development, acquisition, and strategy services. For more information, please visit catalysthre.com.
Contact: Bella Costa, Marketing Coordinator
bcosta@catalysthre.com; 252-675-3465
ABOUT PAM HEALTH
PAM Health (PAM) based in Enola, Pennsylvania, provides post-acute health care services through more than 70 long-term acute care hospitals and medical rehabilitation hospitals, as well as wound clinics and outpatient physical therapy locations, in 17 states. PAM is committed to providing high-quality patient care and outstanding customer service, coupled with loyalty and dedication of highly trained staff, to be the most trusted source for post-acute services in every community it serves. Its mission is to serve people by providing compassionate, expert care and to support recovery through education and research.
Learn more at pamhealth.com.
ABOUT NATIONAL REAL ESTATE ADVISORS, LLC
National Real Estate Advisors, LLC (National) is an investment manager developing, operating, and managing commercial real estate projects across the United States. National is focused on environmental sustainability, social responsibility, and strong governance practices which seek to create value for investors and benefit local communities. Founded in 2000, the firm constructs investment portfolios of diverse property assets—apartment, office, mixed-use, medical/healthcare, industrial (including data centers), and hospitality.
National is an independently operated subsidiary of the National Electrical Benefit Fund (“NEBF”), a pension trust with assets that are managed by National on a discretionary basis. For more information, please visit www.natadvisors.com.