Category: ASC Transactions and Valuation Issues

$13.7M California medical office building sold 

Real estate investor Anchor Health Properties purchased a medical office building in Vallejo, Calif., for $13.65 million, North Bay Business Journal reported April 4. 

New Jersey medical office building snags $8.1M refinancing loan 

Real estate company JLL arranged an $8.1 million loan to refinance a medical office building in Bedminster, N.J., REBusiness Online reported March 31. 

Arizona medical office building sells for $7.85M 

A medical office building in Scottsdale, Ariz., has sold for $7.8 million, the Daily Independent reported March 30. 

Behind Optum’s 2 multibillion-dollar deals: What ASCs need to know

Healthcare giant Optum, which owns and operates Deerfield, Ill.-based ASC management company Surgical Care Affiliates, has made two recent acquisitions that expand the company’s home health and mental health offerings. 

Small businesses the next big thing in real estate investment

Small businesses, including physician offices, are the new targets for real estate investors, according to The Wall Street Journal.

Tennessee medical office building sells for $12M 

Montecito Medical Real Estate has acquired a medical office building in Chesterfield, Va., for $12 million, Virginia Business reported March 25. 

What’s driving long-term ASC growth: MedPAC 

The total number of ASCs jumped 2 percent between 2019 and 2020, according to the March Medicare Payment Advisory Commission report.

$6.75M Arkansas building with ASC sold 

A medical office building housing an ASC in Rogers, Ark., was sold for $6.75 million, Talk Business & Politics reported March 27. 

St. Louis medical office building sold in $20M deal

Two buildings, including a medical office building, in St. Louis were sold to a New York developer for $20 million, the St. Louis Business Journal reported March 22. 

Here’s where ASCs have the highest earnings

ASCs in the South and Mountain region earn the most, according to VMG Health’s “Multi-Specialty ASC Benchmarking Study” for 2022.