ASC Transactions & Valuation Issues

SCA Health, an ASC management company owned by Optum, has added new surgical facilities since March of 2021. 

Montecito Medical purchased a building housing Hendersonville, Tenn.-based Indian Lake Surgery Center, RE Journals reported Aug. 31.

Optum acquired Houston-based Kelsey-Seybold for around $2 billion, according to the Star Tribune.

A Raleigh, N.C., medical office building was sold for $11.3 million, nearly twice what it sold for in 2019, the Triangle Business Journal reported Aug. 29.

Montecito Medical purchased two medical office buildings in Lake Charles, La.

The property housing Jacksonville, Fla.-based Southpoint Surgery Center was sold for $18.2 million, CoStar reported Aug. 29.

The property housing Little Rock-based Endoscopy Center of Arkansas was sold for $4.02 million, Arkansas Business reported Aug. 29.

New Jersey experienced significant medical real estate activity in August.

Giant companies like Amazon, CVS Health, Walgreens and Walmart are all looking to primary care and physicians amid an increasingly consolidating industry. 

The Cherry Hill (N.J.) Office Center , a 185,000-square-foot office complex with five buildings, was sold by Lakewood Equity for $21.4 million, according to an Aug. 26 report from Commercial Property Executive.