ASC Transactions & Valuation Issues

Investment group NAI Partners sold an ASC in Marble Falls, Texas, for $7 million, Ryan McCullough, the company's senior vice president, said Oct. 13. 

The COVID-19 pandemic has exacerbated existing financial challenges for healthcare providers, leaving some to file for bankruptcy since the pandemic's onset. 

Healthcare Real Estate Advisors sold an ASC in Odessa, Fla., the company said Oct. 13.

A medical office building in Chesterfield, Mo., housing the Pepose Vision Institute and MidAmerica Surgery Center has been acquired by Bain Capital Real Estate and Evergreen Medical Properties, the St. Louis Business Journal reported Oct. 11.

Surgery Center Services of America has completed the demolition needed for its gastroenterology ASC in Miami, CEO Philip Blair said Oct. 12. 

A medical office building housing an ASC in Aventura, Fla., was sold for $16 million, South Florida Business Journal reported Oct. 13. 

Private equity firm IRA Capital acquired the property housing Beaumont, Texas-based Digestive Disease Institute, RE Journals reported Oct. 8. 

EagleBridge Capital arranged $8.612 million in mortgage financing for the Chelmsford (Mass.) Medical and Surgical Center, New England Real Estate Journal reported Oct. 8. 

Dallas-based United Surgical Partners International has entered into a definitive agreement to acquire Compass Surgical Partners' ownership and management interests in nine ASCs.

Matthew Searles, MBA, is a partner with Merritt Healthcare Advisors, an ASC management and development firm that works with centers nationwide.