• Universal Health Services Buys Talkspace for $835 Million

    Universal Health Services (UHS) has entered into a definitive agreement to acquire Talkspace, Inc. for $5.25 per share. The enterprise value for the transaction is approximately $835 million, which UHS intends to finance with borrowings pursuant to its existing revolving credit facility. Talkspace is a telebehavioral healthcare company. Its... Read More »
  • Agilent to Acquire Biocare Medical

    Agilent Technologies announced that it has entered into a definitive agreement to acquire Biocare Medical from an investor group led by Excellere Partners and GHO Capital Partners LLP. The all-cash transaction is valued at $950 million. Biocare Medical is a leading provider of immunohistochemistry (IHC) instrumentation, as well as a full range of... Read More »
  • Integration Health Buys Perfusion Life

    Integration Health is deepening its perfusion staffing capabilities with the acquisition of Perfusion Life in Raleigh, North Carolina. Perfusion Life is a perfusion staffing network connecting hospitals with credentialed perfusionists across the United States and Canada. Perfusion Life has cultivated a network of more than 1,300 credentialed... Read More »
  • CBRE Advises on Sale of Elk Grove Village Medical Campus

    CBRE has facilitated the sale of the Elk Grove Village Medical Campus, according to a March 4 press release. The property was sold to Casa Avore, a private capital group specializing in healthcare real estate. Elk Grove Village Medical Campus is a 52,126-square-foot campus with four medical outpatient buildings (MOBs) located in Elk Grove... Read More »
  • Health Recovery Solutions Acquires Remote Patient Monitoring Company Rimidi

    Health Recovery Solutions (HRS) announced on March 4 its acquisition of Atlanta, Georgia-based Rimidi. Rimidi is a chronic disease management and remote monitoring company with deep roots in diabetes and cardiometabolic management. The company supports healthcare providers with electronic health record-integrated software, services and connected... Read More »
Montecito Medical Acquires 4 North Carolina Medical Outpatient Buildings 

Montecito Medical Acquires 4 North Carolina Medical Outpatient Buildings 

On January 29, Montecito Medical Real Estate announced its third transaction of the year with the purchase of four medical outpatient buildings (MOBs) in North Carolina. Terms were not disclosed.  The MOBs are located in Pinehurst, Southern Pines and Fayetteville, North Carolina and total nearly 230,000 square feet. All buildings are 100% occupied.  Pinehurst Surgical Clinic, the anchor tenant, occupies more than 190,000 square feet of the total space in the portfolio. FirstHealth of the Carolinas occupies 90% of the 14,000-square-foot Fayetteville property.   Montecito Medical specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has... Read More »
Echo Real Estate Capital Acquires 2 Florida Medical Outpatient Buildings 

Echo Real Estate Capital Acquires 2 Florida Medical Outpatient Buildings 

Cushman & Wakefield announced that it represented ShareMD in the sale of two medical outpatient buildings (MOBs) in Florida (Ft. Lauderdale and Boynton Beach) to Echo Real Estate Capital, Inc.   The Ft. Lauderdale MOB comprises 28,277 square feet. The four-story building is predominantly leased to medical-office users. It sold for $4.55 million, or approximately $160.91 per square foot.  The Boynton Beach MOB comprises 31,747 square feet. The property is directly adjacent to Bethesda Hospital East. It sold for $6.9 million, or about $217.34 per square foot.  Echo Real Estate Capital is a full-service real estate investment and development firm with a national... Read More »
Montecito Medical Acquires 4 North Carolina Medical Outpatient Buildings 

Montecito Medical Acquires Daphne, Alabama Medical Outpatient Building 

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... Read More »
HREA Announces Sale of Positive Steps Fertility Clinic in Madison, Mississippi  

HREA Announces Sale of Positive Steps Fertility Clinic in Madison, Mississippi  

HREA | Healthcare Real Estate Advisors announced on January 21 the successful closing of the sale of Positive Steps Fertility Clinic, a 10,135-square-foot medical outpatient building (MOB) in Madison, Mississippi.   The MOB is 100% occupied by Positive Steps Fertility, a physician-led practice focused exclusively on reproductive treatment and medicine, which utilizes the property as a core procedural and clinical site. Built in 2007, the MOB accommodates a full spectrum of fertility diagnostics and treatments, including a procedure room, on-site laboratory, patient exam rooms, a large waiting area and a centralized nurses’ station. It has a triple net lease on the... Read More »
Montecito Medical Acquires 4 North Carolina Medical Outpatient Buildings 

Matthews Facilitates Paramus, New Jersey Property Sale 

Matthews Real Estate Investment Services, a commercial real estate investment services and technology firm, announced that it facilitated the sale of a medical outpatient building (MOB) in Paramus, New Jersey. The price is $5.05 million.  The MOB comprises 9,914 square feet and is tenanted by Paradigm Oral Health, a dental service organization with more than 75 locations nationwide.  The seller was PANJ-AAB Holdings LLC, a privately held investment firm based in Hackensack, New Jersey that purchased the MOB in 2022.  According to the LevinPro HC database, this marks the 12th MOB transaction of 2026. In 2025, 230 MOB acquisitions were reported and 213 in 2024. So far, the... Read More »
Montecito Medical Acquires 4 North Carolina Medical Outpatient Buildings 

Healthpeak Properties Sells MOB to IRA Capital 

On January 15, IRA Capital announced that it purchased a medical outpatient building (MOB) in Wilmington, North Carolina from Healthpeak Properties, Inc. The price is $17 million.  Constructed in 2006, the MOB comprises 37,000 square feet. It houses an EmergeOrtho practice location, one of the largest orthopedic groups in the United States. The price is just more than $459 per square foot.  IRA Capital is a Southern California-based private equity firm founded in 2010 that invests capital for its own account and on behalf of its co-investment partners, which include pension funds, institutions and family offices. IRA invests in commercial real estate assets throughout the United... Read More »