ASC Transactions & Valuation Issues

Charlotte, N.C.-based developer The Keith Corp. has sold a three-building medical office portfolio to Chicago-based Remedy Medical Properties, according to a Nov. 2 report in the Charlotte Business Journal.

Healthcare Real Estate Advisors sold an ASC and two medical office buildings in Manhattan, Kan., Christopher Stai,  managing director and principal of the firm, said Oct. 28.

More than $759.71 million changed hands in real estate transactions involving ASCs in October. Here are 10 October ASC real estate transactions:

Nashville, Tenn.-based healthcare real estate firm Montecito Medical has acquired the building housing Mansfield (Texas) Endoscopy Center and Clinic, the real estate firm said Oct. 27.

Private equity real estate firm Thomas Park acquired a medical office building with a surgery center in Edison, N.J., Colliers HealthCare, which represented the seller, said Oct. 27. 

A Penn State Health joint venture acquired a majority stake in the Surgery Center of Lancaster (Pa.), according to an Oct. 27 report in Lancaster Online.

Atlanta-based healthcare investment and management firm Evergreen Medical Properties, along with Boston-based Bain Capital Real Estate, bought a portfolio of 12 outpatient medical office buildings in Rhode Island and Massachusetts, the companies said in an Oct. 26 news release.

The Grove Place Surgery Center in Vero Beach, Fla., was sold for $3 million. 

Nashville, Tenn.-based HCA Healthcare reported increases in outpatient surgery cases during the third quarter ending Sept. 30. 

Dallas-based United Surgical Partners International, a subsidiary of Tenet Healthcare, reported year-over-year revenue gains in the third quarter ending Sept. 30.