FFL Partners Completes Investment in Apex Infusion

FFL Partners Completes Investment in Apex Infusion

FFL Partners announced that it has completed a growth investment in Apex Infusion, a fast-growing provider of ambulatory infusion therapy services. Founded in 2006 and headquartered in Signal Hill, California, Apex Infusion is dedicated to providing high-quality, reliable care to patients in the comfort of their own homes or in ambulatory settings. Apex coordinates professional interaction with patient’s physicians, nurses and other health care providers. The company provides intravenous immunoglobulin, specialty infusion, total parental nutrition and other therapeutic services. Apex currently operates 11 locations in California. Founded in 1997, FFL Partners is a San Francisco-based... Read More »
Four Corners Property Trust Acquires Medical Outpatient Properties for a Combined $6.8 Million 

Four Corners Property Trust Acquires Medical Outpatient Properties for a Combined $6.8 Million 

Four Corners Property Trust (FCPT) announced that it was expanding its presence in both Iowa and Missouri, buying a MercyOne outpatient clinic property, as well as a Mercy Health property.  The MercyOne outpatient clinic property is in Iowa. It is corporate-operated under a long term, triple net lease with approximately six years of term remaining. It was sold for $3 million. The transaction was priced at a 7.2% cap rate on rent as of the closing date and exclusive of transaction costs.   The Mercy Health property is in a strong retail corridor in Missouri and corporate-operated under a triple net lease with approximately five years of term remaining. The transaction was priced... Read More »
Nova Sky Investments Acquires Novi, Michigan Medical Outpatient Building 

Nova Sky Investments Acquires Novi, Michigan Medical Outpatient Building 

Nova Sky Investments, LLC announced that it acquired a medical outpatient building (MOB) in Novi, Michigan for $9.3 million. The price breaks down to $256 per-square-foot.  The two-story, 36,338-square-foot building is fully leased to Rehabilitation Physicians PC and Ascension Medical Group of Michigan.   Nova Sky Investments is a leading real estate investment firm, property management and realty company in the Detroit MSA. It was founded more than 12 years ago.  According to data captured in the LevinPro HC database, this acquisition marks the 79th MOB transaction of 2024. In 2023, 194 MOB transactions were reported, and in 2022 there were 216 announced.... Read More »
Alcanza Clinical Research Acquires North Georgia Clinical Research

Alcanza Clinical Research Acquires North Georgia Clinical Research

Alcanza Clinical Research has announced the acquisition of North Georgia Clinical Research (NGCR), a clinical trials research site located in Woodstock, Georgia. Founded in 2002, NGCR specializes in general medicine studies involving Alzheimer’s disease prevention, cardiovascular disease, diabetes, digestive conditions, pain, as well as men’s and women’s health indications. Alcanza Clinical Research is a network of research facilities focused on bringing clinical trial opportunities involving life-changing treatments and vaccines to all patients, especially those from underrepresented communities. With a network of 22 dedicated research units and several additional sites... Read More »
National Dental Healthcare REIT Expands Portfolio Across Multiple States

National Dental Healthcare REIT Expands Portfolio Across Multiple States

National Dental Healthcare REIT (NDH REIT), a member of the Thurston Group portfolio, has announced the completion of its latest real estate acquisition. The acquired properties include nine medical outpatient buildings (MOBs) located across New Mexico, Arizona, Georgia, Colorado, Mississippi, Texas and Alabama. NDH REIT partners with dental care providers in the general dental and specialty dental fields who own their real estate. NDH REIT was formed in mid-2020 by Thurston Group, a private equity firm focused on investments in healthcare service companies. Since then, the REIT has expanded to include 174 properties in 21 states. This move further solidifies NDH REIT’s position as a... Read More »
Montecito Medical Acquires 6 Ophthalmology MOBs in Atlanta, GA MSA

Montecito Medical Acquires 6 Ophthalmology MOBs in Atlanta, GA MSA

Montecito Medical, a leading acquirer of medical office properties nationwide, announced on June 4 that it has completed the acquisition of a portfolio consisting of six medical outpatient buildings (MOBs) in the Atlanta, Georgia MSA. The six MOBs, which represent a combined total of more 85,000 square feet, are 100% occupied. Thomas Eye, a dominant eye care provider in the area, serves as anchor tenant. The buildings are situated in the suburban and exurban communities of Roswell, Sandy Springs, Tyrone, Newnan, Woodstock and Lilburn, Georgia. Two of the properties include surgery centers for ophthalmic procedures. Montecito Medical Real Estate specializes in healthcare-related real estate... Read More »