Real estate investors Cypress West and TPG Angelo Gordon, who entered into a joint venture in April, have closed on a portfolio of six outpatient facilities on the West Coast.
Rental rates for new de novo ASC space have skyrocketed in recent years, as labor costs, wood and steel prices have all increased through 2023 and into 2024, according to the 2024 “Medical Outpatient Building Outlook” from advisory firm Stout.
In the last eight months, the field of gastroenterology has been the source of massive healthcare developments, in aspects spanning from clinical developments to leadership appointments.
Two medical office buildings in Paducah, Ky., have been acquired by Montecito Medical Real Estate for $15 million, according to an Aug. 7 report from REBusiness Online.