Elliott Bay Announces Joint Venture to Acquire Healthcare Properties Across the US

SEATTLE & NEW YORK--(BUSINESS WIRE)--Elliott Bay Capital Trust (“Elliott Bay”), a fully integrated healthcare real estate investment firm, and Pantheon, a leading global private markets investor, have established a joint venture to acquire healthcare properties across the US. The partnership will focus on assets that are critical to healthcare delivery, provide superior services in high-demand markets, and are leased to leading physician groups, specialty providers, hospitals, and health systems nationwide.

“We are excited to form this partnership with a highly experienced institutional partner and to leverage our expertise and significant capital resources to drive durable long-term value in our real estate investments in a partnership approach with healthcare providers,” said Christian Whipple, Chief Executive Officer of Elliott Bay. “Elliott Bay has been investing exclusively in healthcare real estate for more than a decade and this is another great step forward in the growth of our platform.”

About Elliott Bay Capital Trust

Elliott Bay Capital Trust (www.elliottbaycap.com) is an integrated real estate investment platform based in Seattle, WA that acquires and manages healthcare properties across the US. Founded in 2013, Elliott Bay manages a diversified portfolio of outpatient medical properties nationwide leased to leading health systems, national sector-leading companies, and regional care providers. Elliott Bay aligns with its healthcare provider partners to help unlock economic value and enhance operating flexibility while creating long-term value in each of its real estate investments.

About Pantheon

Pantheon is a global private markets specialist currently investing on behalf of more than 1,000 investors, including public and private pension plans, insurance companies, endowments, foundations and private wealth clients. Founded in 1982, Pantheon has an established reputation across private market asset classes, covering all stages and geographies, and provides investment solutions that include flagship fund offerings, as well as integrated programs and customized solutions. Pantheon’s dedicated real estate strategy was established in 2021 and focuses on partnering with specialized owner-operators to provide flexible, programmatic capital solutions in needs-based property sectors that benefit from strong secular tailwinds and that offer defensive characteristics across market cycles.