IRA Capital

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Jay Gangwal Amer Malas Mohannad Malas Danielle De Souza Samir Patel AKSHAY PARIKH Amrit S. Punia Rick Wade Hiren Patel Sasha T. Shah Ahsan Alec Shaul, MBA Andrew Tran Vanessa Pitzer Trevor Albrecht Rob Stahler, MBA Robert Savosh, CPA Mohammad Anouty Jonathan Kaufman, CFA Griffin Torres Ethan Stanley Erika Read, MBA David Hsing Danya Yassine Daniel S. Azhar Jameeli Austin Lee Arkan El Siblani

IRA CAPITAL, OAKTREE ACQUIRE 12 PROPERTY MEDICAL PORTFOLIO SPANNING 600,000 SF IRA Capital is pleased to announce the acquisition of twelve Class-A Medical Outpatient Buildings (the “Portfolio”) through a newly established partnership with funds managed by Oaktree Capital Management, L.P. (“Oaktree”). The acquisition, encompassing 600,000 square feet, involves properties from two separate institutional sellers and features a mix of single and multi-tenant medical buildings situated in prime medical corridors across California, Texas, Florida, and Oregon. The Portfolio is anchored by prominent health systems and leading medical providers, including University of California, Davis, Palomar Health, UCLA, CommonSpirit Health, Ascension, McKesson, and SCA Health, which collectively occupy approximately 50% of the space. IRA Capital was drawn to this Portfolio for its strong submarket fundamentals, established partnerships with regional health systems, and its offering of best-in-class medical care in specialties such as advanced imaging, oncology, orthopedic surgery, fertility, gastroenterology, inpatient rehab, and internal medicine. Jay Gangwal, Managing Partner at IRA Capital, commented, “The strategic positioning of these assets, along with recent hospital expansion projects in the vicinity, is expected to drive increased demand within these medical corridors. We plan to invest additional capital to modernize the buildings and solidify them as best-in-market, further driving leasing velocity while supporting the long-term growth of its tenants.” Stephen Breedon, Senior Vice President of Oaktree Capital Management, L.P.’s Real Estate Group, added, “We are excited to partner with a best-in-class operator in IRA Capital on the acquisition of this well positioned portfolio in supply constrained markets with excellent demographics. The medical outpatient sector offers attractive risk adjusted returns and is poised to benefit from accelerating national demand for high quality healthcare.” Amer Kasm | Samir Patel | Jay Gangwal | Amer Malas | Mohannad Malas | AKSHAY PARIKH | Azhar Jameeli | Daniel S. | Danielle De Souza | Andrew Tran | Austin Lee | Erika Read, MBA | Grace Y.L. Wang | Sasha T. | Griffin Torres | Mohammad Anouty | Rick Wade | Ethan Stanley | Hiren Patel | Shah Ahsan | David Hsing | Amrit S. Punia | Rob Stahler, MBA | Vanessa Pitzer | Robert Savosh, CPA | Zane Elgamal| Alec Shaul, MBA

IRA Capital Acquires a 253-Unit Class-A Senior Living Community in the Seattle MSA IRA Capital is pleased to announce its recent acquisition of Quail Park Communities of Lynnwood (“Quail Park”), a 253-unit, Class-A, senior housing property located in Lynnwood, WA (Seattle MSA). The all-cash acquisition of Quail Park adds another premier asset to IRA’s expanding healthcare portfolio and underscores its unwavering commitment to addressing the growing needs of the elderly community. Quail Park Communities, spread across 15 acres and developed in two phases in 2013 and 2020, is an upscale, highly amenitized senior living community boasting full-size kitchens and spacious floor plans. Residents and their families have full access to best-in-class amenities and care at the community including a pool, fitness center, putting green, on-site chapel, and pub. The all-cash acquisition, completed in partnership with an institutional joint-venture partner, includes plans to invest additional capital to update common areas and amenities. “We are thrilled about acquiring Quail Park and continuing our growth in the senior housing sector,” said Jay Gangwal, Managing Partner at IRA Capital. “With a robust pipeline of investment opportunities, we anticipate closing on another $325 million in new investments over the next 30 days.” “Quail Park Communities of Lynnwood is a testament to our commitment to senior housing and our growth-focused strategy,” said Azhar Jameeli, Managing Director at IRA Capital. “We aim to provide exceptional living experiences for residents while delivering strong returns for our investors and partners.” Amer Kasm | Samir Patel | Jay Gangwal | Amer Malas | Mohannad Malas | AKSHAY PARIKH | Azhar Jameeli | Daniel S. | Danielle De Souza | Andrew Tran | Austin Lee | Erika Read, MBA | Grace Y.L. Wang | Sasha T. | Griffin Torres | Mohammad Anouty | Rick Wade | Ethan Stanley | Hiren Patel | Shah Ahsan | David Hsing | Amrit S. Punia | Rob Stahler, MBA | Vanessa Pitzer | Robert Savosh, CPA | Zane Elgamal

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We are happy to announce that our Managing Director Azhar Jameeli will be speaking at National Investment Center for Seniors Housing & Care (NIC) Data & Analytics on May 21st. from 2:00 pm - 3:15 pm.

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