Private equity firm Thomas Park Investments has acquired a medical office building in Lower Pottsgrove Township, Pa., WFMZ reported Dec. 1.
Category: ASC Transactions and Valuation Issues
21 of best ASCs in the country's 5 biggest cities
Nine ASCs in New York City, the country’s largest city, and eight ASCs in Houston, the country’s fourth largest city, made Newsweek’s “America’s Best Ambulatory Surgery Centers,” which ranks 510 of the more than 5,000 Medicare-certified ASCs in the cou…
Real estate joint venture acquires 8 ASCs
A joint venture between AEW Capital Management and Flagship Healthcare Trust has acquired eight ASCs across seven states, the company said in a Nov. 30 news release shared with Becker’s.
The specialties driving ASC growth
As procedures migrate to the outpatient setting, ASC leaders are seeing cardiology and orthopedics as huge opportunities for growth.
Indianapolis medical office building acquired under partnership
Indianapolis-based Shore Terrace Medical Center’s medical office building was acquired under a partnership between Indianapolis-based Urban Growth Capital, BrightPoint Real Estate and Chicago-based North Companies.
$22M paid for New Jersey medical office, park
An office and medical park in Wayne, N.J., was sold for $22.25 million, roi-nj.com reported Nov. 28.
$7.4M paid for San Diego medical office building
Loma Starr, a two-building office and medical office property in San Diego, was sold for $7.4 million, REBusiness Online reported Nov. 28.
What ASCs are doing instead of consolidating
The healthcare industry is increasingly consolidating as operation costs soar — physicians are migrating to employed models and private practices are being bought up by larger entities.
Premier Health opening 15k-square-foot medical office building in Ohio
Premier Health is opening a 15,000-square-foot medical office building in Xenia, Ohio, according to a Nov. 22 report from the Dayton Daily News.
$7.4M Tennessee medical office building sold to PE firm
A medical office building in Chattanooga, Tenn., has sold to a real estate private equity firm for $7.4 million, Times Free Press reported Nov. 21.
