The Irvine, California-based firm specializing in medical deals bought the 3-acre outpatient center site.
The developer has proposed a 7,785-square-foot facility.
The Brentwood, Tennessee-based company bought the property at 2855 West Commercial Boulevard from an affiliate of Denver-based Healthpeak Properties, records show.
Belmont Village Coral Gables is expected to open in spring 2023.
Under the proposed site plan, the assisted living facility would total 135,238 square feet in three stories. It would have 120 units, with 128 beds.
KS Lake Worth submitted a preliminary site plan to the county showcasing a 196,970-square-foot project.
Tampa General will add to both its geographic footprint and its vertical profile
The two-story, 25,453-square-foot medical office sold to 1460 Russell Road Associates, LP.
The rollback of the Certificate of Need (CON) law creates growth opportunities for health systems that could lead to big capital spending on construction and medical equipment, while boosting access to health care in neighborhoods without enough providers.
The facility will be built on about four acres on John Young Parkway near the intersection of Osceola Park Drive.