IRA Capital, a private equity real estate firm specializing in healthcare real estate, acquired Reunion Inverness Physical Rehabilitation Hospital in April 2025, a newly constructed, Class A Inpatient Rehabilitation Facility (IRF) in Denver, marking a significant transaction in Denver’s thriving healthcare market. A sales price was not disclosed.
Located at 372 Inverness Drive South in the bustling Southeast submarket of Denver, Reunion Inverness offered a rare opportunity to acquire a fully operational, 100% leased inpatient rehabilitation hospital. The purpose-built three-story facility spans approximately 49,000 square feet and features an absolute net lease structure with 22 years remaining, backed by a corporate guaranty. Highlights include 40 patient beds with scalability to 60, two advanced therapy gyms, private patient rooms, expansive outdoor courtyards, family gathering areas, and a full-service café. Its strategic location provides convenient access to E-470 and I-25, with proximity to multiple acute care hospitals that serve as referral sources for the tenant.
John Witt and Ben Swanson with Quiver Investments, in conjunction with Cushman & Wakefield’s Chris Toci and Eric Wichterman, represented the seller, a partnership between America Development & Investments, Brandon Holdings, and Nobis Hospital Investments, LLC who developed the Hospital.
“The sale of Reunion Inverness Rehabilitation Hospital demonstrates the incredible demand for healthcare real estate, particularly in the post-acute care sector, where significant growth is expected as the baby boomer population ages,” said John Witt, principal at Quiver Investments. “This asset provided a stable investment opportunity for the buyer to expand their portfolio with a high-quality medical facility in Denver’s thriving market.”
Reunion Rehabilitation Hospitals is a rapidly expanding provider with facilities across Colorado, Texas, Arizona, and Florida. The Inverness facility is operated by Nobis Rehabilitation Partners, a seasoned third-party healthcare operator managing over 20 inpatient rehabilitation hospitals nationwide.