Buyer pays $15.4M for Kansas ASC — 3 quick points

An Overland Park, Kan.-based medical office building housing Mid-America Surgery Center was sold for $15.4 million.

Advertisement

Three quick points:

1. CNL Healthcare Properties II sold the facility to Overland Park MOB, an affiliate of HCP Medical Office Buildings.

2. CNL, a real estate investment trust, paid $14 million for the building in 2017.

3. The sale is expected to generate net sales of about $9.5 million, which CNL will use to pay down debt.

More articles on transactions/valuation:
Dr. Kellen Jex joins Riverpark Medical Center — 3 insights
Capital Digestive Care reopening office — 3 insights
6 GI-focused ASCs, endoscopy centers opened or announced in March & April

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.