INPATIENT REHABILITATION · CARMEL, INDIANA
Indianapolis Rehabilitation Hospital
A 40-bed inpatient rehabilitation hospital developed, financed, and delivered by New Era Companies. Opened 2021. Managed in partnership with Nobis Rehabilitation Partners
Licensed Beds
Year Completed
Asset Class
The Project
Built from conviction. Delivered on time.
Indianapolis Rehabilitation Hospital is a 40-bed inpatient rehabilitation facility developed and financed by New Era Companies in Carmel, Indiana. New Era identified the site, structured the capital, managed development, and delivered a fully operational facility — on schedule and on budget — that opened in 2021 and immediately began serving patients recovering from stroke, brain injury, spinal cord injury, and complex orthopedic conditions. The facility is managed in partnership with Nobis Rehabilitation Partners, one of the country’s leading rehabilitation management firms, through New Era Alternatives.
Recognized by Newsweek as one of America’s Best Rehabilitation Hospitals in 2022. Designated a Center of Excellence in Rehabilitation and Stroke Care by CIHQ.
Project Details
Asset Class
Inpatient Rehabilitation (IRF)
Location
Carmel, Indiana
Licensed Beds
40 Beds
Completed
2021
New Era Role
Developer · Capital Partner · Investment Principal
Management Partner
Nobis Rehabilitation Partners
The Facility
Project Location
Carmel, Indiana
1260 City Center Dr
Carmel, IN 46032
New Era’s Role
Developer. Capital Partner. Investment Principal.
New Era did not refer this project to another firm. We developed the building, structured the capital, and placed the management partner. One platform. One point of accountability. The same model that has delivered 30+ projects across the country.
Developer
Site identification, entitlements, design management, and construction oversight. New Era managed the full development process from land to certificate of occupancy.
Capital Partner
New Era structured and raised the capital for this project through its investor network. The project was financed with discipline and delivered above-market returns for participating investors.
Investment Principal
Through New Era Alternatives, New Era structured the investment and placed Nobis Rehabilitation Partners as the management partner. New Era owns the asset and maintains investment oversight. The structure is designed for performance.
Recognition
Recognized for Excellence.
Newsweek
America’s Best Rehabilitation Hospitals
2022
CIHQ
Center of Excellence — Rehabilitation & Stroke Care
2024