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News Release: Montecito Medical Announces Office Relocation to Accommodate Growth and Expansion

NASHVILLE, Tenn., February 14, 2017 – Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has moved its headquarters from Brentwood, Tenn., to a larger space in Nashville, Tenn., to support the significant growth the company has realized over the last few years.

Montecito Medical’s continuing expansion is due in part to the company’s success in creating unique deal structures to monetize medical real estate.

“Since our relocation from California three years ago, our growth has accelerated beyond our expectations,” said Chip Conk, CEO of Montecito Medical. “In the past 18 months alone, we’ve closed 29 medical office buildings valued at more than $333 million. We’re excited to be moving into office space that will not only enhance our efficiency, but accommodate additional underwriters, analysts and marketing support as we continue to expand. Our vision is to provide our valued team an enjoyable place to work, and the new office space is in a premier Class-A tower perfectly located in Nashville’s vibrant Midtown area.”

Montecito will also continue to operate out of its southern California and Austin, Texas offices.

The company’s new Nashville address is:

One American Center
3100 West End Avenue, Suite 750
Nashville, TN 37203

All employee phone numbers will remain the same, as will the primary number: 615.921.3850.

About Montecito Medical

Montecito Medical is one of the nation’s largest privately-held companies specializing in healthcare-related real estate acquisitions and funding the development of medical real estate. Montecito Medical is a leading resource for both real-estate owners and healthcare providers seeking to monetize or expand their holdings. Montecito has offices in Nashville, Austin, and Orange County, California. Since 2005, it has acquired more than $1.2 billion in medical real estate totaling over 4 million square feet in 22 states. To date, Montecito has more than $1 billion in capital available to expand holdings in its medical office portfolio throughout the United States. Its current portfolio and healthcare system relationships include UCLA, Cleveland Clinic, Johns Hopkins, Holston Medical Group, Carolinas Health System, Bon Secours, Maine General, OrthoCarolina and State of Franklin Healthcare Associates. For more information, please visit MontecitoMac.com.

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