Big Sky Medical Real Estate obtained $190 million worth of acquisition financing for 10 healthcare properties in four states totaling 857,779 square feet.
JLL Capital Markets worked for Big Sky in securing the five-year, floating-rate loan from a bank syndication led by Capital One Healthcare.
The properties are collectively 87% occupied and include outpatient medical office buildings, ambulatory surgery centers, diagnostic imaging centers as well as other healthcare-related specialties. The facilities are located in: Dallas; Houston; College Station and Richardson, Texas; Salisbury, Maryland; Hammond, Louisiana; and Modesto, California.
The JLL Capital Markets team representing the borrower was led by Managing Directors Timothy Joyce and John Chun, and Director Anthony Sardo.
According to data captured in the LevinPro HC database, this acquisition marks the 13th Medical Office Building (MOB) deal of 2023. There were 214 MOB transactions in 2022.
