National Dental Healthcare REIT Expands Footprint Across Eight States

National Dental Healthcare REIT Expands Footprint Across Eight 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 acquisition, finalized on June 28, 2024, includes 13 properties located across New York, Oklahoma, Florida, Texas, Indiana, Ohio, Georgia and Virginia. 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. The acquisition of the properties increases NDH REIT’s total portfolio to 187 properties, with a combined acquisition value of $234... Read More »
Cushman & Wakefield Arranges Acquisition Financing for MOB Portfolio in Paducah, Kentucky

Cushman & Wakefield Arranges Acquisition Financing for MOB Portfolio in Paducah, Kentucky

Cushman & Wakefield announced that it represented investor Montecito Medical Real Estate in securing $15 million in bank financing for a medical outpatient building (MOB) portfolio in Paducah, Kentucky. The acquired assets include two MOBs in Paducah, Kentucky. The two-building portfolio consists of 100 Clint Hill Boulevard, which totals 18,610 square feet, and 200 Clint Hill Boulevard, which totals 43,346 square feet, on approximately 14 acres near U.S. Highway 62 and Interstate 24. It is fully occupied by Mercy Health-Lourdes Hospital LLC, an affiliate of Bon Secours Mercy Health. Montecito Medical Real Estate specializes in healthcare-related real estate acquisitions and funding.... Read More »
AmeriPro Health Expands Services in Michigan with Acquisition of Rapid Response EMS

AmeriPro Health Expands Services in Michigan with Acquisition of Rapid Response EMS

AmeriPro Health, an Atlanta-based leader in patient logistics and last-mile healthcare delivery services, announced on August 1 that it has acquired Rapid Response EMS. Based in Romulus, Michigan, Rapid Response EMS provides emergent and non-emergent ambulance and wheelchair patient transport services in Michigan. Founded in 2018, AmeriPro Health is a tech-enabled, medical transportation and patient logistics platform that serves a diverse group of leading health systems and communities across Florida, Georgia, Indiana, Kentucky, Michigan, Mississippi, South Carolina and Tennessee. The company’s portfolio comprises emergency and critical care services, non-emergency medical... Read More »
Eximia Research Acquires Tidewater Clinical Research 

Eximia Research Acquires Tidewater Clinical Research 

On July 31, Eximia Research announced that it acquired Tidewater Clinical Research, a contract research organization (CRO) that is based in Norfolk, Virginia.  Since 1994, Tidewater Clinical Research has been at the forefront of women’s health research in the Hampton Roads/Eastern Virginia region. With a substantial patient database and a strong network of investigators, Tidewater has conducted numerous clinical trials that have significantly advanced medical knowledge and patient care.  Eximia is a multi-site, multi-therapeutic, clinical research site network serving pharmaceutical, biotech companies and CROs and providing Phase I-IV research services across a diverse... Read More »
TowerBrook Capital Partners and Clayton, Dubilier & Rice Acquire R1 RCM for $8.9 Billion 

TowerBrook Capital Partners and Clayton, Dubilier & Rice Acquire R1 RCM for $8.9 Billion 

On August 1, TowerBrook Capital Partners and Clayton, Dubilier & Rice (CD&R) announced that they entered into an agreement to acquire R1 RCM Inc. for $8.9 billion.   R1 RCM Inc. is a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers. The revenue cycle management (RCM) company operates models seamlessly to complement a healthcare organization’s infrastructure, quickly driving sustainable improvements to net patient revenue and cash while driving revenue yield, reducing operating costs and enhancing the patient experience.  With offices in London and New York, TowerBrook is a private... Read More »
Värde Partners and Unity Medical Properties Acquire Florida ASC for $14.5 Million  

Värde Partners and Unity Medical Properties Acquire Florida ASC for $14.5 Million  

Värde Partners and Unity Medical Properties announce a joint venture to acquire an ambulatory surgery center (ASC) in Palm Beach Gardens, Florida. The price is $14.5 million.   The ASC’s tenant is Laser and Surgery Center of the Palm Beaches. It is a single-story building that sits on 1.9-acres of land.  Värde Partners is a leading global alternative investment firm specializing in credit and credit-related assets. It was founded in 1993 and the firm has invested more than $100 billion across the credit quality and liquidity spectrum in both public and private markets.  Unity Medical Properties is a real estate investment firm. Nothing else was disclosed.  This is... Read More »