St. Louis-based Ascension saw a $3 billion operating loss in fiscal year 2023, and its sustainability strategy includes selling off major hospitals in their system.
A 37,000-square-foot medical office building in Chula Vista, Calif., was sold for $11.6 million, according to a July 10 report from Commercial Property Executive.
A four-story medical office building has sold in East Sacramento, Calif., doubling in price in just 13 years, according to a July 8 report from the Sacramento Business Journal.
A Florida-based real estate investment firm has purchased six medical office buildings in Greensboro, N.C., for $73 million, according to a July 2 report from the Triad Business Journal.
While independent ASCs have a steady hold on the market, with 68.1% of centers being freestanding, big chains continue to grow their market share as healthcare continues to consolidate.