NewStreet Properties Acquires East Mesa ASC
NewStreet Properties, based in Omaha, Nebraska, announced on March 20 that it acquired an ambulatory surgery center (ASC) in East Mesa, Arizona. The property is located next to Banner Baywood Medical Center and was built in 2002. NewStreet Properties is a real estate investment firm. According to its website, as of March 2024, it owns more than 2.8 million commercial square feet and has more than $1 billion assets under management. The original press release notes that New Street Properties has plans to expand the property by building a 5,214-square-foot addition to the current ASC. The financial terms of the transaction were not disclosed. According to data captured in... Read More »
HCA-Operated Surgery Ventures Acquires 2 ASCs in North Texas
Surgery Ventures, operated by Nashville, Tennessee-based HCA Healthcare, has acquired majority stakes in two ambulatory surgery centers (ASCs) in North Texas and will manage day-to-day operations at both facilities. Financial terms of the deal were not disclosed. Both of the ASCs are affiliated with Dallas-based Medical City Healthcare, which is now affiliated with 15 ASCs in North Texas. The first ASC being acquired is Medical City Surgery Center of North Texas in Anna, Texas, formerly known as Surgery Center of North Texas, which has 14 physician partners. The 23,000-square-foot ASC opened in 2020 and includes five operating rooms and 15 pre-op/post-anesthesia care unit bays. The... Read More »
Bain Capital-Backed Surgery Partners Acquires Nevada Surgical Suites
Surgery Partners, Inc., backed by Bain Capital, announced that it has expanded its ambulatory surgery center (ASC) presence with the acquisition of Nevada Surgical Suites (NSS). NSS founded in 2009 by Dr. Alain Coppel, is a portfolio of ASCs affiliated with the premier provider of outpatient interventional pain management in Nevada. It has two locations in Las Vegas. Surgery Partners is a leading operator of surgical facilities and ancillary services with more than 180 locations nationwide. It is based out of Brentwood, Tennessee. Hyde Park Capital served as the exclusive investment banker and financial advisor to NSS. Epstein Becker Green served as legal counsel to... Read More »
TriasMD Expands in California
TriasMD announced on October 18 that it entered in an agreement to acquire Pinnacle Surgery Center for an undisclosed price. Pinnacle Surgery Center, which is certified by both the Joint Commission of Healthcare Organizations and the Centers for Medicare & Medicaid Services, provides high-quality orthopedics and total joint care. It is based in Walnut Creek, California. Headquartered in Newport Beach, California, TriasMD is a musculoskeletal management company. Using the data-driven model created by DISC Sports & Spine Center, TriasMD positions facilities to thrive, building a clinically integrated network of providers and monitoring the network’s quality. ... Read More »
Sendero Capital and Angelo Gordon Acquire Torrington ASC
JLL Capital Markets announced that Sendero Capital and Angelo Gordon entered an agreement to acquire a 37,854-square-foot ambulatory surgical center (ASC) and outpatient medical building in Torrington, Connecticut. JLL represented Sendero Capital and Angelo Gordon in the transaction. Financial terms were not disclosed. The Torrington property is fully leased, with Litchfield Hills Orthopedic as a long-term tenant – with approximately 56% of the building, which includes the Litchfield Hills Surgery Center – as well as endoscopy and physical therapy tenants. Sendero Capital is a privately held real estate investment, development and advisory firm based in Boston,... Read More »Schedule a demo
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