Ira Capital & Oaktree Acquire 12-Property Medical Outpatient Portfolio Spanning 600,000 Square Feet
IRA Capital, one of the leading private buyers of healthcare real estate in the United States, announced on July 31 the acquisition of twelve Class-A medical outpatient buildings (MOBs) through a newly established partnership with funds managed by Oaktree Capital Management, L.P. The acquired MOBs span 600,000 square feet and involve properties from two separate institutional sellers and feature a mix of single and multi-tenant MOBs situated in prime medical corridors across California, Texas, Florida and Oregon. The portfolio is anchored by prominent health systems and leading medical providers, including UC Davis Health, Palomar Health, UCLA, CommonSpirit, Ascension, McKesson and SCA... Read More »
Big Sky Medical Acquires MOB in Cedar Park, Texas
Big Sky Medical announced the acquisition a 38,709-square-foot Class A medical outpatient building (MOB) located in Cedar Park, a suburb of Austin, Texas. The property is 100% net- leased to Baylor Scott & White Health, Texas’s largest not-for-profit healthcare system. The Cedar Park facility offers a wide range of medical services, including preventive care, primary care and specialized treatments. Big Sky Medical is a national real estate investment management firm that invests in healthcare-related real estate, with a concentration in the medical office and life science sectors. The firm, which is headquartered in Dallas, has more than $2 billion in healthcare real estate investment... Read More »
PM Pediatric Care Acquires Florida Urgent Care Centers
PM Pediatric Care announced that it acquired 10 pediatric urgent care centers in Florida from Pediatrix Medical Group. The acquired assets include 10 urgent care locations in the Greater Orlando, Jacksonville, Melbourne and Port St. Lucie areas. The offices were formerly known as Night Lite Pediatrics prior to their 2022 acquisition by Pediatrix Medical Group. PM Pediatric Care is one of the largest pediatric urgent care providers for children and young adults in the United States. Staffed by teams experienced in caring for ill and injured children, including board-certified pediatric emergency physicians and pediatricians, PM’s urgent care sites offer pediatric imaging, lab testing... Read More »
HealthyMD and IMG Health Clinic Merge
HealthyMD and IMG Health Clinic announced on July 19 that the two companies had entered into an agreement to merge. IMG Health Clinic is a health clinic that primarily provides care for sexual wellness and infectious diseases. It is based in Tamarac, Florida. HealthyMD is a healthcare company that provides comprehensive, end-to-end sexual healthcare for underserved communities and populations across the United States. HealthyMD and IMG Health Clinic will leverage their combined expertise and resources to expand geographic reach and combine robust care delivery systems, including dozens of brick-and-mortar and mobile clinics, a robust telehealth network, comprehensive... Read More »
Agilent to Acquire North American CDMO BIOVECTRA
Agilent Technologies Inc. announced that it has signed a definitive agreement to acquire BIOVECTRA, a specialized contract development and manufacturing organization (CDMO), for $925 million. BIOVECTRA produces biologics, highly potent active pharmaceutical ingredients and other molecules for targeted therapeutics. BIOVECTRA delivered $113 million in revenue during 2023 and expects double-digit revenue growth in 2024, according to a July 22 press release on BusinessWire. Agilent provides bio-analytical solutions and services to the life sciences, diagnostics and genomics, chemical analysis, communications and electronics industries worldwide. Its global headquarters is in Santa Clara,... Read More »Schedule a demo
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