IRA Capital Acquires Baylor Surgery Center in Dallas, TX

IRA Capital announced today that it has completed the acquisition of the Baylor Surgicare Center at Lewisville through its Net Lease Income Fund I. The property is located in the Dallas / Ft. Worth area and is net-leased for an original 20-year term to a partnership comprised of United Surgical Partners (“USPI”) and Baylor Medical.The Baylor Health Care System ranks as one of the largest private-sector employers in the Dallas/Fort Worth Metroplex. USPI is a leader in the ambulatory surgery center and short-stay hospital industry. The company owns and manages over 165 facilities throughout the country.IRA Capital (“IRA”) is a privately‐held real estate investment and management firm that focuses on maximizing risk‐adjusted returns while protecting and growing investment capital. IRA has acquired approximately $75 Million of single-tenant properties net-leased to credit tenants over the past fourteen months. The principals of IRA have built a strong track record in executing more than $3 Billion in transactions across all product types.