Big Sky Asset Management Surpasses $100 Million In Acquisitions In 90 Days Across Five Transactions

Big Sky Asset Management, LLC announced the completion of five healthcare real estate acquisitions totaling more than $100 million over the past 90 days.

The transactions were completed with five separate sellers and involved partnerships with four capital partners. The acquisitions include a surgical hospital in Corpus Christi; an ambulatory surgery center and medical outpatient building in Plano; an ambulatory surgery center in San Antonio; a multi-tenant medical outpatient building in Frisco; and an inpatient rehabilitation facility in Denton.

In total, the portfolio represents approximately 196,000 square feet of healthcare real estate across five properties located in high-growth Texas markets. Each property is fully leased to established healthcare operators under long-term triple-net lease agreements that include contractual annual rent escalations, generating stable and predictable cash flow from mission-critical healthcare facilities.

The assets include a 94,095-square-foot surgical hospital in Corpus Christi located on a major acute-care hospital campus; a 20,028-square-foot ophthalmology-focused ambulatory surgery center and medical outpatient building in Plano near a leading regional medical center; a 12,270-square-foot gastroenterology ambulatory surgery center in San Antonio adjacent to a 284-bed hospital; a 31,703-square-foot multi-tenant medical outpatient building in Frisco serving thirteen specialized medical practices; and a 38,000-square-foot inpatient rehabilitation facility in Denton leased to a partnership affiliated with Baylor Scott & White Health and located next to Medical City Denton.

These properties are situated in some of the fastest-growing metropolitan areas in the United States, where strong population growth and favorable demographic trends continue to drive long-term demand for healthcare services.

“Closing more than $100 million of healthcare real estate across five transactions with four institutional partners in just 90 days highlights the strength of our sourcing platform and the depth of our capital relationships,” said Jason Signor, CEO of Big Sky Asset Management. “What makes this period particularly notable is the diversity of the assets acquired — ranging from a nearly 100,000-square-foot surgical hospital to specialized ambulatory surgery centers and a multi-tenant medical outpatient campus. This reflects the versatility of our platform and our ability to successfully underwrite and execute across the full spectrum of healthcare real estate.”

The acquisitions follow the closing of Big Sky Fund III, the firm’s third dedicated healthcare real estate investment vehicle. With an active pipeline of opportunities across multiple markets, Big Sky continues to expand its national portfolio of essential healthcare properties.

About Big Sky Asset Management, LLC

Big Sky Asset Management is a Dallas-based real estate investment firm focused exclusively on the acquisition and management of healthcare real estate across the United States. The firm manages approximately $1.2 billion in assets across 48 properties in 17 states, representing more than 3.3 million square feet of medical real estate.

Big Sky specializes in sourcing high-quality, off-market opportunities by leveraging its deep understanding of the U.S. healthcare delivery system. Its portfolio includes medical outpatient buildings, ambulatory surgery centers, specialty hospitals, and clinics leased to leading health systems and medical operators. The firm combines a rigorous, multi-tiered underwriting process with hands-on operational expertise and invests significant capital alongside its partners to ensure strong alignment of interests. For more information, visit www.bigskymed.com.

Source: yahoo! finance