Track Record
What each asset looked like at acquisition and where it stands today, plus the partners' holdings outside Candor.
2026 Value-Add Progress Report
| Asset | At acquisition | Today | Status |
|---|---|---|---|
| DaVita Beaumont, TX | ~4 years of lease term | ~13 years; two 10% increases added | Lease amended Mar 2026 |
| DaVita Jenkins, KY | ~3 years of lease term | ~11 years | Extension signed Q3 2026 |
| DaVita Browns Mills, NJ | ~3.5 years of lease term | ~13 years | Extension signed Q3 2026 |
| Harvard Medical Park, OR | WALT ~2.4 yrs; base rent ~$1.64M; roof and HVAC due | WALT ~4.2 yrs; base rent ~$1.81M; $937K work done | Anchor renewal in discussion |
| Fleming Island Village, FL | Vacant 10,000 SF outparcel; unleased shell space | TLE lease signed ($44/SF); $5.5M construction loan | Building under construction |
| Shaw's Cove, CT / TX | DaVita lease without a corporate guaranty | Extended lease with DaVita, Inc. guaranty | Under contract |
+27 yrs
Lease term added across three DaVita clinics
+$170K
Annual base rent added at Harvard in six months
+10,000 SF
New credit-tenant building under construction at Fleming
Partners' Portfolio Snapshot
Assets owned, or owned and sold, by Ben and Jeff Meshel outside Candor. Purchase price unless noted.
South Street
New York, NY
$19.0MPurchase
Erie Medical
Erie, PA
Medical office
$21.0MPurchase
Riverhead Medical
Riverhead, NY
Medical office
RM
$22.8MPurchase
Dunkin'
Net-lease retail
D
$2.675MPurchase
Corinthian Units
New York, NY
School & medical
$24.0MPurchase
3000 Dixwell
Hamden, CT
DaVita dialysis
$5.2MSold
Miami Medical
Miami, FL
Medical office
$11.0MPurchase
Widex
Hauppauge, NY
Industrial
$11.2MPurchase
29 Bassett Lane
Hyannis, MA
$2.5MPurchase
West Orange
West Orange, NJ
DaVita dialysis
$5.5MCurrent value
Dollar General
FL & MS
Net-lease portfolio
$10.0MPurchase
1751 Deckner
Green Bay, WI
DaVita dialysis
$2.7MSold
4315 Brunswick
S. Plainfield, NJ
$5.4MSold
Pediatric Portfolio
Central FL
7 pediatric offices
$12.9MPurchase
~$156M
14 assets · 8 in healthcare · 3 sold