Franklin-based Community Health Systems Inc. has completed a sale and leaseback of 10 medical office buildings as it continues to shore up its finances.
According to a news release, the deal with California-based HCP Inc. has a value of $163 million. CHS will use the proceeds to pay down debt.
The buildings, located in five states, total 756,183 square feet of space.
The deal follows several recent announcements from Franklin-based CHS (NYSE: CYH), which has confirmed it is exploring a variety…
Franklin-based Community Health Systems Inc. has completed a sale and leaseback of 10 medical office buildings as it continues to shore up its finances.
According to a news release, the deal with California-based HCP Inc. has a value of $163 million. CHS will use the proceeds to pay down debt.
The buildings, located in five states, total 756,183 square feet of space.
The deal follows several recent announcements from Franklin-based CHS (NYSE: CYH), which has confirmed it is exploring a variety…