Global law firm Greenberg Traurig, LLP represented a joint venture between Remedy Medical Properties and Kayne Anderson Real Estate in the acquisition from Welltower of nearly 18 million square feet of outpatient medical office assets across 296 properties in 34 states.
LOS ANGELES, Nov. 3, 2025 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP represented a joint venture between Remedy Medical Properties and Kayne Anderson Real Estate in the acquisition from Welltower of nearly 18 million square feet of outpatient medical office assets across 296 properties in 34 states.
This acquisition establishes Remedy and Kayne Anderson as the largest owner of outpatient medical buildings in the United States, with more than 52.4 million square feet spanning approximately 1,104 properties in 44 states, Kayne Anderson said in a statement.
Under the transaction, Remedy will assume all operational responsibilities, including property management and leasing functions, and add 170 employees from Welltower, expanding its team to over 500 employees nationwide. Welltower, which announced the deal as part of a strategy to amplify its focus on senior housing, will retain a preferred equity position and profits interest in the underlying portfolio.
"Greenberg Traurig is proud to serve as a trusted legal adviser to a strategic joint venture between Kayne Anderson Real Estate and Remedy Medical Properties on this milestone transaction," said Gregory A. Fishman, co-chair of the Global Real Estate Practice at Greenberg Traurig and co-managing shareholder of the firm's Los Angeles office. "This transaction was both unique and complex, requiring close collaboration across our various practice groups and offices nationwide to deliver for our clients within a highly compressed timeframe. We look forward to continuing our representation and congratulate our clients on this significant achievement."
Fishman co-led a Greenberg Traurig deal team of more than 100 attorneys with assistance from Philadelphia Real Estate Shareholder Joshua D. Cohen. The core deal team also included Real Estate Shareholders Craig C. Glorioso, Joseph R. Rudas, Farah S. Ahmed, and Jon S. Robins, as well as Associates Solomon Rotstein, Scott R. Szkolnik, and Leah Pall.
About Greenberg Traurig's Global Real Estate Practice: The Greenberg Traurig Real Estate Practice is a cornerstone of the firm and a recognized leader in the industry. The firm's real estate attorneys deliver diversified and comprehensive counsel for property acquisition and investment, development, management and leasing, financing, restructuring, and disposition of all asset classes of real estate. The team draws upon the knowledge and experience of more than 700 real estate lawyers from around the world, serving clients from key markets in the United States, Europe & the Middle East, Asia and Latin America. The group's clientele includes a broad range of property developers, lenders, investment managers, private equity funds, REITs, and private owners. The real estate practice advises clients on a variety of matters across a broad spectrum of commercial, recreational, and residential real estate, including structured equity and debt and hybrids.
About Greenberg Traurig: Greenberg Traurig, LLP has more than 3,000 lawyers across 51 locations in the United States, Europe, the Middle East, Latin America, and Asia. The firm's broad geographic and practice range enables the delivery of innovative and strategic legal services across borders and industries. Recognized as a 2025 BTI "Best of the Best Recommended Law Firm" by general counsel for trust and relationship management, Greenberg Traurig is consistently ranked among the top firms on the Am Law Global 100, NLJ 500, and Law360 400. Greenberg Traurig is also known for its philanthropic giving, culture, innovation, and pro bono work. Web: http://www.gtlaw.com.
Media Contact
Elaine Walker, Greenberg Traurig, (305) 579-0832, [email protected], https://www.gtlaw.com/en
SOURCE Greenberg Traurig
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