A medical office building in Fair Lawn, N.J., has been sold, roi-nj.com reported Aug. 26.
ASC Transactions & Valuation Issues
The ASC industry, like the rest of the healthcare industry, is increasingly consolidating amid rising operating costs.
Here are five physician practice and ASC closures in the last year:
A four-building medical office portfolio in northern Kentucky and southern Indiana was acquired by Montecito Medical, RE Journals reported Aug. 25.
A four-building medical office portfolio has been bought for $134.8 million, Commercial Property Executive reported Aug. 24.
Becker's ASC Review has reported on X medical real estate deals since the beginning of August, including one in New York and one in Chicago.
Physician staffing firm Envision Healthcare, parent company of ASC company AmSurg, had its revenue fall again in the second quarter of this year, Bloomberg reported Aug. 23.
SVN Urban Properties took over management of Galleria Medical Office Building in Metairie, La., Biz New Orleans reported Aug. 22.
Montecito Medical completed the acquisition of a medical office in Bethlehem, Pa.
A 61,000-square-foot medical office building in Edinburg, Texas, was sold, REBusiness Online reported Aug. 17.
