On January 21, Montecito Medical Real Estate announced that it purchased a medical outpatient building (MOB) in Daphne, Alabama.
The MOB comprises 33,256 square feet. It is fully occupied by Southern Cancer Center, a prominent specialty provider in the area that is part of US Oncology.
Montecito Medical specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions involving more than $6.5 billion in medical and veterinary real estate transactions. This marks Montecito’s second transaction of the year.
“This acquisition is a prime example of the type of opportunities we are pursuing with well-positioned physician groups and health systems in growing market areas with attractive fundamentals,” said Chip Conk, CEO of Montecito Medical.
According to data captured in the LevinPro HC database, this transaction represents the 22nd MOB transaction of the year. There were 231 MOB deals reported throughout 2025.
