Private equity firm acquires Texas medical building, ASC

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

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The 21,000-square-foot, gastroenterology-focused medical office building and ASC is 100 percent leased to GI Alliance and the Endoscopy Center of Southeast Texas. 

The Endoscopy Center of Southeast Texas is a specialized ASC and joint venture between physician partners and AmSurg, an ASC management company. 

GI Alliance became a tenant of the building in 2019 through its affiliation with Southeast Texas Gastroenterology Associates. 

IRA Capital acquired three gastroenterology-focused medical office buildings in San Antonio in July, which were 100 percent leased to GI Alliance.

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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