Joint Venture Acquires Brunswick, Ohio MOB
Remedy Medical Properties and Kayne Anderson Real Estate partnered for the purchase of a 35,000-square-foot medical office building (MOB) in Brunswick, Ohio. Two companies, gastroenterology specialist One GI and The MetroHealth System, currently occupy the building. The venture bought the fully occupied offices for $11 million, totalling $314.29 per square foot. The acquisition comes after Digestive Disease Consultants, the original tenant of the building and seller in the transaction, merged with One GI earlier this year. Remedy Medical Properties is a full-service healthcare real estate company and the largest private owner of healthcare properties in the country, with more than 26... Read More »
Medical Solutions acquires Staffing Company Host Healthcare
Medical Solutions, an Omaha, Nebraska-based healthcare staffing firm, announced on November 1 its acquisition of Host Healthcare, an award-winning staffing company based in San Diego, California. Host Healthcare will continue to operate independently as its own brand under the Medical Solutions parent company. Terms of the deal were not disclosed. Host Healthcare was founded in 2012 and has experienced rapid growth in the healthcare staffing industry. The company specializes in nursing, allied and therapy staffing and has earned numerous healthcare staffing industry awards in categories including fastest-growing privately held companies in the United States and best places to work. Medical... Read More »
Medical Office Building M&A Activity Soars: Anchor Health & JLL Make Big Moves In the Market
Through the first half of 2022, the medical office building (MOB) space had been busy, creating near-record breaking deal volume. As one of the most active markets, many people, us included, have considered it to be impervious to recession or economic stress. But, as 2022 continues onward, industry experts are starting to see a decline in deal activity. Economic pressures such as higher labor costs and the looming (or already upon us) recession, there is much to cause concern as operators doubt tenant’s rent paying abilities. From January 1 through October 28, 2022, there have been 180 MOB deals, which is a 62% increase from the same time frame of 2021 when 111 deals were recorded.... Read More »
Anchor Health Properties Acquires Chula Vista, California MOB
Anchor Health Properties has acquired a 9,500-square-foot medical office building in Chula Vista, California. Terms of the deal were not disclosed. The Class A outpatient asset is master leased to Sanderling Renal Services, a specialty care dialysis network based in Nashville, Tennessee, with multiple locations across the United States. Established in 1985, Anchor Health Properties is a national, full-service healthcare real estate development, management and investment company focused exclusively on healthcare facilities. Anchor has more than $1.5 billion of completed development projects, 9 million square feet under management and nearly $3 billion invested in healthcare facilities.... Read More »
Hartford Healthcare Acquires Urgent Care Network in Connecticut
One of the major health systems in Connecticut has expanded its urgent care network. Partnering with Go-Health Urgent Care for the deal, Hartford Healthcare has purchased Branford, Connecticut-based Stony Creek Ventures LLC and its two urgent care facilities in Branford and Orange. Go-Health Urgent Care is an on-demand consumer-centric care platform that serves as the digital and physical front door to the healthcare ecosystem. It has locations in 14 states. In 2017, Hartford Healthcare and Go-Health Urgent created a joint-venture partnership to build an urgent care network in Connecticut. The partnership has nearly two dozen locations in Connecticut now, which will grow with the addition... Read More »Schedule a demo
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