Flagship Acquires MOB in Fredericksburg, Virginia
Flagship Healthcare Properties announced on October 2 that it has acquired a 38,786-square-foot medical office building (MOB) and ambulatory surgery center in Fredericksburg, Virginia through its private real estate investment fund. SCCV Office Condominium Association sold the Class B asset for an undisclosed price. Fifth Third Bank provided the acquisition financing. Surgi-Center of Central Virginia, an affiliate of United Surgical Partners International, anchors the MOB property. Other tenants include HCA Virginia – Richmond Multi-Specialty, Fredericksburg Foot & Ankle Center and Allergy & Asthma Center of Fredericksburg. At the time of the sale, the building’s occupancy... Read More »
Montecito Medical Acquires MOB in Buffalo, New York
Montecito Medical Real Estate announced on September 28 that it acquired a 15,858-square-foot, two-story medical office building (MOB) in Buffalo, New York. The MOB is leased to WNY MRI a dominant provider of diagnostic imaging services in the Greater Buffalo and Niagara region. Montecito Medical Real Estate specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions across the United States involving more than $5.1 billion in medical real estate. According to data captured in the LevinPro HC database, this represents the 157th MOB transaction of 2023, as well as Montecito’s 32nd MOB acquisition of the year. This is also the... Read More »
Varian Medical Systems Acquires Aspekt Solutions
Varian Medical Systems has announced its acquisition of Aspekt Solutions, a Greenbelt, Maryland-based provider of medical physics, dosimetry and strategy consultation services. Aspekt Solutions offers radiology and radiation oncology providers the staff, guidance, technical and operational expertise they need to turn a high-risk, high-capital business into a competitive advantage. Varian Medical Systems is a radiation oncology treatments and software maker based in Palo Alto, California. The company’s medical devices include linear accelerators and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy and brachytherapy. ... Read More »
Amazon Invests $4 Billion into Healthcare AI
Amazon has announced that it is making its way into healthcare generative artificial intelligence by investing $4 billion into Anthropic, staking a minority claim on the company. Amazon will incorporate Anthropic’s AI assistant, Claude, into Amazon Bedrock which is Amazon Web Services’ (AWS) new generative AI service. The press release said that Anthropic will “train and deploy its future foundation models on AWS Trainium and Inferentia chips, taking advantage of AWS’s high-performance, low-cost machine learning accelerators.” “We have tremendous respect for Anthropic’s team and foundation models, and believe we can help improve many customer experiences, short and... Read More »
Flourish Research Acquires Valley Clinical Trials
Flourish Research, backed by private equity firm NMS Capital, announced its acquisition of Valley Clinical Trials, based in the Los Angeles suburb of Northridge, California. The financial terms of the transaction were not disclosed. Valley Clinical Trials is a leading clinical research site with three locations in California that specialize in cardiology, metabolic and related therapeutic areas. Since its founding in 2010, Valley has rapidly grown into a leading multi-site clinical trials company serving a broad and diverse population of patients in Los Angeles County. Launched in 2021. Flourish Research is a clinical trial site network. The company has sites throughout... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
