IRA Capital has acquired a 1.5 million square-foot portfolio of medical facilities across 24 properties in 11 states, backed by major institutional investors to further enhance its healthcare real estate investments.

Information on the Target

On January 6, 2026, IRA Capital, a real estate private equity firm based in Southern California, announced its acquisition of a substantial portfolio consisting of 1.5 million square feet across 24 medical properties. This extensive portfolio is geographically diverse, spanning eleven states in the United States. The acquisition occurred with a transaction involving a publicly traded Real Estate Investment Trust (REIT) and marks the foundational investment for a newly established IRA-sponsored healthcare real estate venture aimed at acquiring medical facilities valued at several billion dollars within the next 12 to 18 months.

The portfolio is anchored by prominent regional healthcare providers and includes purpose-built medical facilities, with most properties strategically located on or adjacent to hospital campuses. Notably, 11 of these buildings are directly connected to hospitals, which highlights their critical role within existing healthcare ecosystems. This collection of properties supports high-acuity outpatient services such as outpatient surgery, radiation oncology, and advanced diagnostic imaging, with a tenant mix representing nearly every medical specialty.

Industry Overview in the Target’s Specific Country

Within the United States, the demand for Medical Outpatient Buildings (MOBs) is robust and continues to grow at an impressive rate. The sector is anticipated to expand at a compound annual growth rate (CAGR) of 7.5%