ASC Transactions & Valuation Issues

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.

Here are the eight most expensive transactions reported by Becker's ASC Review in 2021:

The buildings housing Plaza Surgery Center and a medical office in Jacksonville, Fla., sold for $19.7 million to Catalyst Healthcare Real Estate of Pensacola (Fla.).

A three-building medical office portfolio with an ASC in Knoxville, Tenn., has been acquired by a private equity group.