One of the largest owners of medical properties, Remedy Medical Properties, just got bigger.

It and MedProperties Realty Advisors have formed a $350 million-plus joint venture to recapitalize an 11-state, 23-asset healthcare real estate portfolio owned by MedProperties.

The portfolio, which includes primarily medical office buildings, totals more than 1 million square feet. The transaction closed Jan. 14. 

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