A total of 73 medical office building transactions closed in the month of February totaling over $921 million or 3.17 million square feet. Texas had the most medical office building transactions with 13 (18% of total), followed by California with 10 (14% of total).
West Tennessee Healthcare Acquires 3 Tennova Hospitals
A total of 4 hospitals and 15 physician groups were acquired in March 2018.American Physician Partners acquired Northeast Tennessee Emergency Physicians, a physician group in Kingsport, TN with 59 physicians.
Article Written by: Chilton REIT Team, Seeking Alpha
In 2018, we (Chilton REIT Team) performed another deep-dive into healthcare real estate, meeting with 20 REITs and key tenants, touring multiple properties, and looking for opportunities in the beleaguered space. What we found was not inspiring.