One Bankrupt Hospital, Eleven Freestanding Emergency Departments And Three Texas Hospitals: HCA’s Spending Spree
Inking three deals in the last week, one of the country’s largest operators of ASCs, is on a spending spree. In 2023, HCA has been focusing on outpatient care, ramping up its urgent care acquisitions and continues to double down on developing outpatient facilities and increasing procedure migration.
Medical Office Real Estate Trends To Watch In 2024
Until recently, MOBs were seen as an alternative asset class, but now they are more of a mainstream investment sector. Following the COVID-19 hit, the medical office building market continues to thrive, mainly due to asset specificity.
First Citizens Bank Arranges $99.3 Million For Kayne Anderson Real Estate And Remedy Medical Properties Joint Ventures
One joint venture received $75 million in loan proceeds for the acquisition of a surgical hospital, Baylor Scott & White Medical Center, located in Frisco, Texas. Another joint venture received $24.3 million in loan proceeds for the refinancing of two medical office buildings in Mississippi.