Medical Office Buildings.

TrueCode Capital acquires and holds high-quality medical office buildings in growth markets, with a focus on core-plus and value-add opportunities in the Denver metro.

We target properties leased to stable healthcare tenants: physicians groups, outpatient surgery centers, diagnostic imaging, dental, and veterinary practices typically on triple-net (NNN) leases.

Our strategy emphasizes long-term ownership, predictable cash flows, and inflation-protected income streams rather than short-term flipping.

We underwrite deals with a disciplined focus on tenant credit quality, location demographics, and essential healthcare services that demonstrate resilience through economic cycles.

Typical investments feature strong weighted average lease terms (WALT), below-market rents with upside through contractual escalations, and opportunities for strategic capital improvements that enhance tenant retention and property value.

By partnering with experienced property managers and leveraging deep operational insight into healthcare delivery, we aim to deliver attractive risk-adjusted returns with meaningful downside protection.

This vertical serves as the stable foundation of our platform: durable income, tangible collateral, and demographic tailwinds from an aging population and continued shift toward outpatient care.