ASC Transactions & Valuation Issues

Physicians Realty Trust on Dec. 20 completed the acquisition of 14 medical office buildings across eight states.

The KKR Real Estate Select Trust has acquired its first healthcare acquisition — a portfolio of 15 outpatient medical office buildings and ASCs throughout the Southern U.S., global investment firm KKR said Dec. 20.

Charlotte, N.C.-based outpatient healthcare real estate investor Flagship Healthcare Trust acquired a medical office building in Benton, Ark.

A medical office building portfolio featuring an ASC and two endoscopy centers in the Dallas-Fortworth metro area was acquired by Montecito Medical, the real estate company said Dec. 16. 

Property housing the Chattanooga, Tenn.-based Pomerance Eye Center was purchased for $6 million, Chattanooga Times Free Press reported Dec. 18. 

A physician-developed medical complex featuring an ASC sold for $14 million in Amherst, N.Y., Buffalo Business First reported Dec. 17. 

The two buildings housing the Ophthalmology Consultants of Fort Wayne (Ind.) and its ASC were sold for $11 million.

Physician practices and medical groups were a hot target for buyers in 2021, according to a PwC report.

JLL Income Property Trust acquired the North Tampa (Fla.) Surgery Center for about $8.5 million, the trust said Dec. 14. 

Retina Consultants of America has added Mississippi Retina Associates to its network, the Southlake, Texas-based management services organization said Dec. 13.