Sunvera Group Acquires Zimm Cataract & Laser Center, Premier Surgical Center
Sunvera Group has acquired Zimm Cataract & Laser Center and its affiliate Premier Surgical Center. The transaction establishes Sunvera Group’s presence in the Pennsylvania market and extends its network of ophthalmology practices and surgery centers. Zimm Cataract & Laser Center and Premier Surgical Center are based in Erie, Pennsylvania. McGuireWoods LLP provided legal services to Sunvera. Physician Growth Partners served as the exclusive financial advisor to Zimm Cataract & Laser Center and Wade, Goldstein, Landau & Abruzzo, P.C. provided legal services. Terms of the deal were not disclosed. Zimm Cataract & Laser Center provides services such as cataract surgery,... Read More »
Big Sky Obtains $190 Million for 10 Healthcare Properties
Big Sky Medical Real Estate obtained $190 million worth of acquisition financing for 10 healthcare properties in four states totaling 857,779 square feet. JLL Capital Markets worked for Big Sky in securing the five-year, floating-rate loan from a bank syndication led by Capital One Healthcare. The properties are collectively 87% occupied and include outpatient medical office buildings, ambulatory surgery centers, diagnostic imaging centers as well as other healthcare-related specialties. The facilities are located in: Dallas; Houston; College Station and Richardson, Texas; Salisbury, Maryland; Hammond, Louisiana; and Modesto, California. The JLL Capital Markets team representing the... Read More »
The IMA Group Acquires Clinical Trials of America
The IMA Group (IMA) announced on January 11 the completion of its acquisition of Clinical Trials of America (CTA), a multi-therapeutic clinical trials company that brings to IMA four independent and six embedded site locations in Louisiana and North Carolina. CTA will continue to operate with its existing leadership, investigators and staff, led by its former CEO and President Jeb Andrews, Ph.D. The transaction marks the seventh acquisition The IMA Group’s Clinical Research division has completed since 2018, and the 15th acquisition by the company in the same period. Terms of the transaction were not disclosed. The IMA Group provides government workers with medical, psychological and... Read More »
Pinnacle Clinical Research Acquires South Texas Research Institute
Pinnacle Clinical Research, a portfolio company of LongueVue Capital, announced on January 10 its successful combination with South Texas Research Institute (STRI). The combined Pinnacle and STRI platform expands its network and geographic footprint to six stand-alone and dedicated sites, enhances patient recruitment diversity and increases scale. STRI’s Founder and CEO Dr. Rashmee Patil will assume the role of CEO of the combined business. Terms of the deal were not disclosed. Headquartered in Edinburg, Texas, South Texas Research Institute is a multi-location clinical site organization specializing in complex indications, including hepatology with a focus on non-alcoholic fatty... Read More »
Healthcare Realty Trust Sells Georgia Medical Office Building Portfolio
On January 9, a medical office building (MOB) portfolio in Atlanta and Rome, Georgia was sold by Healthcare Realty Trust, Inc. to AW Property Company. The transaction was financed by Ally Bank. Terms were not disclosed. The portfolio consists of nine buildings that total 350,000 square feet. Anchored by Harbin Clinic and First Georgia Physicians Group, the facilities were 90% leased. Other tenants include Piedmont, Northside Hospital and Fresenius Medical Care. AW Property Company is a real estate investment company that specializes in acquiring and enhancing medical and professional office properties in major markets throughout the Southeast. It is based in North Palm Beach,... Read More »Schedule a demo
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