Vitalis Acquires MOB in Tulsa, Oklahoma
Vitalis has acquired a 45,556-square-foot medical office building (MOB) in Tulsa, Oklahoma. The MOB is fully leased by three tenants, Oklahoma Heart Institute, Hillcrest HealthCare System and Lifestance Health. Oklahoma Heart Institute and Hillcrest HealthCare comprise 87% of the MOB. Services provided at the outpatient facility include a cardiac catheterization laboratory, imaging, electrophysiology and interventional cardiology. Vitalis is a vertically integrated real estate investment company focused on healthcare real estate investment sales, acquisitions and leasing across the United States. The MOB is strategically located less than a mile from Hillcrest Hospital South. Financial... Read More »
Four Corners Property Trust Acquires 5 Oak Street Properties
Four Corners Property Trust acquired five Oak Street properties for $24.3 million. Four Corners Property Trust, headquartered in Mill Valley, California, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. According to data captured in the LevinPro HC database, this transaction represents the 109th medical office building acquisition of 2023. This acquisition also marks’ Four Corners Property Trust’s 11th transaction of the year, expanding its... Read More »
Nova IVF Fertility Acquires WINGS IVF
Nova IVF Fertility announced on June 21 that it entered an agreement to acquire WINGS IVF. WINGS IVF is one of the leading regional IVF chains in India. WINGS IVF has six centers in Gujarat, Rajasthan, Bihar and Delhi. Nova IVF Fertility is India’s leading chain of fertility and IVF centers. Nova IVF Fertility has achieved more than 55,000 pregnancies across 1,10,000 couples, performing close to 15,000 cycles each year. The company added 43 centers over the past three years. According to the company’s press statement, with this acquisition, Nova IVF Fertility will expand its footprint to 68 centers in 44 cities, aiming to be the leading provider of IVF services across South... Read More »
Simulations Plus Acquires Immunetrics For $15.5 Million
Simulations Plus, Inc. announced on June 20 that it acquired Immunetrics, Inc. Simulations Plus agreed to pay the shareholders of Immunetrics cash consideration of $15.5 million. This includes a $1.8 million hold-back, plus two future earn-out payments in the aggregate amount of up to $8 million based on the revenue performance of Immunetrics through December 31, 2024. Immunetrics has served major pharmaceutical companies with predictive-modeling solutions to support the design of clinical trials. Immunetrics’ technology includes a broad and continually expanding library of standardized disease progression models, as well as Thales, a comprehensive quantitative systems pharmacology... Read More »
StrideCare Acquires Texas Center for Interventional Surgery
StrideCare announced on June 16 that it acquired Texas Center for Interventional Surgery (TCIS). According to data captured in the LevinPro HC database, this transaction marks the 16th ambulatory surgery center acquisition of 2023. TCIS is a medical facility specializing in minimally invasive interventional procedures. The company is based in Addison, Texas, right outside of Dallas. Its procedures include ablations, implanting/removing PICC/central lines, ports and aspire catheters, biopsies and kyphoplasty. Based in Dallas, Texas, StrideCare is a multi-specialty physician group focused on improving patient lives by offering value based comprehensive lower extremity care. This... Read More »Schedule a demo
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