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StepStone Real Estate to Make a Significant Investment in Anchor Health Properties

PR Newswire - Mon Sep 26, 2022

CHARLOTTESVILLE, Va. and MEDIA, Pa., Sept. 26, 2022 /PRNewswire/ -- StepStone Real Estate ("SRE"), the real estate arm of private markets investment firm StepStone Group Inc. (NASDAQ: STEP), has made a significant strategic equity investment in Anchor Health Properties ("Anchor"), a best-in-class owner, manager, and developer of healthcare real estate across the United States. The investment was made through a separate account managed by SRE on behalf of a large international pension fund client. As of June 30, 2022, SRE oversaw US$168 billion in global real estate capital allocations for its limited partners and clients. Anchor intends to utilize the investment to fund future platform growth, as well as to enhance its balance sheet and credit reserves. Anchor Health Properties continues to be the majority owner and managing member of the operating platform.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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