FAIRFIELD – New York City-based CD Healthcare Infrastructure Partners, a real asset investment platform focused on modernizing mission-critical healthcare infrastructure, has purchased the property that houses Yale New Haven Health’s Northeast Medical Group for $20.5 million, according to town property records.
Through New York-based UU CT MOB I LLC, CD Healthcare finalized the deal for the 36,000-square-foot professional building at 1152 Kings Highway Cutoff from Fairfield Commons LLC of Bridgeport on May 15. CD Healthcare facilitates affordable, accessible, and convenient care delivery near where people live and work. As a private real estate investment firm, it offersw risk-adjusted returns to investors. It has built a proprietary database of $61 billion in medical real estate assets serving more than 240 health systems across the country.
The building, which was built in 2019, was last appraised by the Town of Fairfield for $7.41 million in 2024. Yale New Haven Health built and opened its Northeast Medical Group there in September 2020.
When the multispecialty center opened it had 45 exam and three procedure rooms for about 30 providers in such specialties as family medicine, internal medicine, cardiology, obstetrics-gynecology, endocrinology, gastroenterology, pulmonary and sleep medicine, urology, ear, nose and throat surgery, and colorectal surgery.
The company’s subscribes to what it calls “Last Mile” healthcare delivery, according to Claire Duan, the founder, CEO and president. In a statement she co-authored with Drs. Martin Fine and Oscar Benavidez, they wrote: “As patient mobility decreases with age, there is an increasing demand for convenient, affordable outpatient care options closer to patients’ homes. The shift to the last-mile is crucial for lowering costs associated with chronic diseases, especially in preventing chronic conditions from developing into acute care episodes.”
As of press time, it was not clear what plans, if any, the new owners have for the property.
