The Sanders Trust

Overview

The Sanders Trust is a prominent healthcare real estate investment and development company headquartered in Birmingham, Alabama. Established in 1989, it has successfully developed and acquired medical office buildings, inpatient rehabilitation hospitals, and specialty hospitals across 30 states. The company is recognized for its significant contributions to providing specialized healthcare facilities nationwide. The Sanders Trust was founded by Rance Sanders, serving as its current President and CEO.

Recent Developments

  • August 2024: The Sanders Trust celebrated the completion of the Clear Sky Rehabilitation Hospital of Lecanto in Florida. This $30 million development features 42,000 square feet and offers 36 inpatient rehabilitation beds in private rooms. The project underscores the company's commitment to enhancing healthcare facilities.
  • June 2024: The company announced the acquisition of PAM Health Rehabilitation Hospital in Tulsa for $34.2 million, marking its continued expansion in rehabilitation healthcare real estate.
  • September 2023: The Valley Spring Behavioral Health Hospital in Holyoke, Massachusetts, developed by The Sanders Trust for $72 million, commenced operations. This facility is a significant addition to the region, emphasizing behavioral health services.

Company Information

AttributeInformation
Founding Date1989
HeadquartersBirmingham, Alabama, USA
FoundersRance Sanders
RevenueNot publicly disclosed
ProfitsNot publicly disclosed
Key InvestorsNot publicly disclosed
IndustryHealthcare Real Estate
Number of EmployeesNot publicly disclosed

Early History

The Sanders Trust was founded in 1989 by Rance Sanders in Birmingham, Alabama, to focus on the niche market of healthcare real estate. In its early years, the company concentrated on acquiring and developing medical office buildings within the southeastern United States. Leveraging a deep understanding of the healthcare industry, Sanders Trust quickly expanded its portfolio to include inpatient rehabilitation hospitals and specialized medical facilities. Early strategic decisions to collaborate with major healthcare providers helped the company establish a robust foothold in the industry, setting the stage for nation-wide expansions.

Company Profile and Achievements

The Sanders Trust's business model emphasizes strategic partnerships with healthcare providers to develop patient-friendly facilities. Significant achievements include:

  • 2005-2010: Expansion into multiple states, broadening the scope of development projects beyond Alabama.
  • 2015: Reached a milestone of developing or acquiring facilities in over 20 states, reflecting strategic growth.
  • 2020: Celebrated over 30 years of operation, highlighting sustained success in healthcare real estate investments.
  • The company focuses on locations that provide strong community benefits and economic impacts, ensuring facilities are state-of-the-art and meet the demanding needs of modern healthcare.

Current Operations and Market Position

Today, The Sanders Trust is recognized as a leading developer in healthcare real estate, continuing to build its portfolio with projects like rehabilitation hospitals and healthcare complexes. The firm maintains a competitive edge through its focus on specialized healthcare facilities which are critical for community health services. Its market position is strengthened by ongoing projects in strategic locations and partnerships with key healthcare providers.

Conclusion

The Sanders Trust stands as a vital player in the healthcare real estate market, with a proven track record of providing essential facilities across the United States. Looking forward, the company's strategic focus on expansion and developing specialized facilities positions it well to remain a leader in this niche market. With ongoing projects and potential new partnerships, The Sanders Trust continues to shape the healthcare facility landscape to meet future demands.