Healthcare: Sanders Trust adds Healthsouth Desert Canyon Hospital

Healthcare: Sanders Trust adds Healthsouth Desert Canyon Hospital

FOR IMMEDIATE RELEASE: May 9, 2011

CONTACT: Troy Goodman

troy@wilbanksagency.com

205.251.2225

THE SANDERS TRUST ADDS REAL ESTATE ASSETS OF HEALTHSOUTH DESERT CANYON REHABILITATION HOSPITAL

TO ITS EXPANDING PORTFOLIO

BIRMINGHAM, Ala. – The Sanders Trust (TST), one of the nation’s leading medical real estate investment companies today announced its $17 million acquisition of the real estate associated with HealthSouth Desert Canyon Rehabilitation Hospital, a 50-bed rehabilitation hospital in Las Vegas, Nev., which is owned and operated by HealthSouth.

HealthSouth (NYSE: HLS) is a tenant pursuant to a long-term lease with The Sanders Trust and will continue to own the hospital. The Desert Canyon hospital covers more than 53,000 square feet of rehabilitation space including a therapy garden, aquatic rehabilitation and private rooms.

Both HealthSouth and TST value strong relationships and a team approach to improve the care for patients in local communities. “The Sanders Trust is proud to be associated with HealthSouth and their continuing mission,” said TST Senior Vice President Steve B. Hewett.

“This acquisition furthers TST’s investment strategy of adding $100 million this year to its portfolio by acquiring and developing medical office buildings, inpatient rehabilitation hospitals, long-term acute care hospitals, and ambulatory surgery centers,” said Hewett.

With its headquarters in Birmingham, Ala., The Sanders Trust (www.sanderstrust.com) has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired more than 50 medical properties in 15 states, in excess of $500 million in value. The company’s investment strategy has been affirmed by a recent article in National Real Estate Investor Magazine, which characterized healthcare real estate as the new “recession proof” property type.

HealthSouth is the nation’s largest provider of inpatient rehabilitative healthcare services. Operating in 26 states across the country and in Puerto Rico, HealthSouth serves patients through its network of inpatient rehabilitation hospitals, long-term acute care hospitals, outpatient rehabilitation satellites, and home health agencies.

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