Arzan Wealth Advises On The Strategic Acquisition Of A Premier Radiology Center Portfolio In Long Island, New York      

By Godson Umejiego, Bureau Chief, The Americas & Ron Chen, Bureau Chief, Asia

A Dubai-based advisory firm regulated by the Dubai Financial Services Authority, Arzan Wealth (DIFC) Limited  has announced its successful advisory role in the acquisition of a portfolio of three outpatient imaging centers in Nassau County, Long Island, New York, USA.

The centers operate under the name Lenox Hill Radiology, a wholly owned subsidiary of RadNet, one of the largest outpatient diagnostic imaging providers in the US. These state-of-the-art facilities, totaling 29,283 square feet, are strategically located along major thoroughfares, providing excellent visibility and easy access for patients. Fully leased for 16 years with a 3 per cent annual indexation, the centers are operated by one of the region’s most dominant radiology practices.

Arzan Wealth provided comprehensive advisory services throughout the structuring and acquisition process, ensuring a seamless transaction. The firm will continue to advise on the investment during the holding period, which is expected to generate an average net cash yield payment of 8.5 per cent over the anticipated 5-year holding period.

CEO of Arzan Wealth, Muhannad Abulhasan commented: “We are excited to have successfully facilitated the acquisition of this strategic portfolio of outpatient imaging centers. This investment aligns with our commitment to identifying high-quality, income-generating assets for our clients. The portfolio’s long-term leases and strong tenant profile provide stability, while the projected cash yield of 8.5 per cent over the next five years offers an attractive current income portion of the total return. We continue to prioritize prudent risk management, ensuring that our clients’ wealth is safeguarded while generating robust financial outcomes for the long term.”