Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has advised its client on the sale of a portfolio of four state-of-the-art micro-hospitals and medical office buildings leased to a joint venture between INTEGRIS Health and Emerus Holdings ("The Portfolio"). The Portfolio is located throughout Oklahoma City in Oklahoma, USA.

The sold portfolio has a total area of 159,303 square feet.  The master tenant is a JV entity wholly owned by Emerus Holdings, LLC and INTEGRIS Health, Inc. Emerus is one the largest micro-hospital operator in the U.S., and INTEGRIS is the dominant healthcare provider in Oklahoma with 8 hospitals in the market.  

The Portfolio was acquired in December-2018 as part of Arzan Wealth's yielding asset platform with an objective of producing an average annual yield of 8.25% to investors, and an IRR of around 10% over a five-year holding period. Arzan Wealth advised on the exit of this investment at a price that has generated a net IRR that surpassed the original target, inclusive of the monthly yield payments that were distributed during the holding period of 2.5 years.

Muhannad Abulhasan, CEO of Arzan Wealth said:

“We are delighted to have been able to exceed business plan projections and deliver very positive results to our loyal investors in the midst of a global economic catastrophe as a result of the COVID-19 public health crisis. Our ability to focus on profitable exits for our clients, even in the toughest of situations, is a testament to the dedication and hard work of the entire team. Arzan Wealth will continue to focus on advising on new real estate investment opportunities that are expected to create a secure and regular income stream, with as low a risk profile as possible”.