ASC Transactions & Valuation Issues

SMBC Leasing and Finance purchased a medical office building in Houston, Commercial Property Executive reported Sept. 22.

Montecito Medical has acquired a 49,500-square-foot medical office building in Flowood, Miss., which is 100 percent leased to Capital Ortho and its ASC. 

Healthcare giants like UnitedHealth Group, as well as nontraditional healthcare companies like CVS Health and Amazon, have made massive transactions in the last six months that point to an increasingly consolidated industry. 

Here are five medical office building transactions totaling $268.5 million that Becker's has reported on since Aug. 24:

Houston-based Pulse Healthcare System entered an agreement to acquire controlling interest in Crystal Outpatient Surgery Center in the same city.

Here are three healthcare moves from Amazon in the last two weeks:

Mountain View, Calif.-based El Camino Health purchased a medical office complex in San Jose, Calif., for $19.5 million, The Mercury News reported Sept. 15.

Physicians Realty Trust, through a joint venture with Dallas-based MedProperties Realty Advisors, has acquired Calko Medical Center in Brooklyn, N.Y., for $81. 5 million.

ASC chain AmSurg, subsidiary of physician staffing firm Envision Healthcare, generated roughly $55 million in earnings in the second quarter of this year. 

Shady Grove Professional Centers I and II, 103,249-square-foot, multitenant medical office buildings in Rockville, Md., have sold.