Catalyst Healthcare Real Estate has formed a joint venture with investment firm Heitman. In addition, the two have raised $300 million to work on a pipeline of healthcare properties.

The types of projects that will be supported include orthopedic centers, medical outpatient buildings, and inpatient rehabilitation facilities.

They will be developed across five undisclosed states. There will be a beginning phase that includes investments toward in-process or seven ground-up developments, taking up almost a collective 500,000 square feet. Andrews Medicine, University of Mississippi Medical Center, PAM Health, and Ochsner Health are among the tenants that will occupy the space.

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