New real estate entity to focus on Midwestern medical office building acquisition

Illinois-based AXSYS Capital has started a fund, the AXSYS Capital Fund I, that will specialize in acquiring Midwestern medical office buildings, according to a March 11 report from the Commercial Property Executive.

Advertisement

The fund has already raised $10 million, according to the report. It will focus on states including Wisconsin, Ohio, Missouri and Illinois over a period of six to 12 months. 

AXSYS Capital focuses on acquiring medical facilities in the $2 million to $6 million bracket. The new fund has already purchased three properties in the second half of 2023, including two in Wisconsin and one in Illinois. 

They include a 15,366-square-foot medical office building in Wentzville, Mo., and a mixed-use medical office in Germantown, Wis.

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

160 ambulatory leaders just ranked the EHR as the single system most overdue for AI reinvention

Tuesday, August 11
12:00 PM - 1:00 PM CDT

Presenter: Gautam Shah, MBA, FACHDM, NextGen Healthcare

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.