Category: ASC Transactions and Valuation Issues

Physicians sell 5-OR Texas ASC property 

HREA | Healthcare Real Estate Advisors advised physician-owners in the recent sale of a multispecialty ASC in Anna, Texas, the real estate company said April 14. 

$142M in medical building sales: 5 deals to know

Here are five medical office building acquisitions in the last two weeks totaling $142 million: 

Optum Q1 revenue hits $43.3B; SCA now has 260+ surgical facilities

Optum revenue jumped nearly 19 percent in the first quarter to $43.3 billion, partially driven by the success of Optum Health, the company’s physician-focused division.

$18.4M Texas medical building with ASC acquired 

JLL Income Property Trust has acquired the Sugar Land (Texas) Medical Plaza for $18.4 million, the company said April 12. 

Retina Consultants of American adds 25th partnership

Retina Consultants of America has reached 25 overall partnerships.

9M square feet of medical offices to open in 2022, report says

Despite an ongoing materials and labor shortage, 9 million square feet of medical office space is expected to open in 2022, according to a report by real estate services firm Marcus & Millichap.

$91M portfolio acquired with multiple ASCs

Remedy Medical Properties and Kayne Anderson Real Estate added eight medical office buildings to their joint portfolio from medical software company Spruce Health, Commercial Property Executive reported April 11.

Building housing North Carolina endoscopy center acquired

Medical real estate firm Montecito Medical acquired a medical office building in Greenville, N.C.

North Carolina gastroenterology building acquired

Montecito Medical has acquired a medical office building in Greenville, N.C., the real estate company said April 6. 

2021 physician group acquisitions up 119%

The number of physician group acquisitions last year grew significantly over 2020, according to a report from professional service network PwC.