HREA | Healthcare Real Estate Advisors advised on the sale of 27 healthcare real estate projects totaling $312 million in 2021, the company said March 5.
ASC Transactions & Valuation Issues
A medical office building in Saratoga Springs, N.Y., was sold to an investor for $11.5 million, the Albany Business Review reported March 3.
A 120,000-square-foot office building in Andover, Mass., has been acquired and will be converted into a lab, according to a March 3 Boston Real Estate Times article.
A 5,096-square-foot medical office property housing Dearborn (Mich.) Ophthalmology was sold for $1.34 million, according to a March 4 REjournals article.
From Arizona to Georgia, here are 11 ASC sales reported by Becker's ASC Review in the last 30 days:
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Nashville, Tenn.-based Surgery Partners added 24 percent more physicians in the fourth quarter compared to the same quarter in 2020.
Brentwood, Tenn.-based Surgery Partners' adjusted earnings before interest, taxes, depreciation and amortization jumped 32.3 percent in 2021 over the prior year period, to $339.6 million.
HonorHealth was approved to purchase a $3.43 million plot of land in Peoria, Ariz., to build an ambulatory medical campus, Peoria Times reported Feb. 25.
ASCs Inc. and JH Winokur closed the sale of Avala Surgical Hospital in Covington, La., according to a Feb. 23 news release.
Three ASC transactions since Feb. 17 have totaled $118 million: