Montecito continues acquisition streak
Montecito Medical acquires Las Vegas ambulatory surgery center property
Montecito Medical, a leading buyer of medical office properties nationwide, has acquired a 33,351-square-foot outpatient surgery building in Las Vegas.
The property is 100% occupied by Specialty Surgicare of Las Vegas.
“We are thrilled to add this outstanding ASC asset to our extensive portfolio in the Las Vegas area,” said Rus Gudnyy, Senior Vice President of Investments at Montecito Medical.
Specialty Surgicare is the dominant outpatient surgery provider in the Las Vegas market. The property, which includes 10 operating rooms, is one of the highest-revenue-producing ambulatory surgery centers (ASCs) in Nevada.
The surgery center property represents the eighth medical office acquisition in Las Vegas in the past 30 months. “This remains for us one of the country’s most attractive medical real estate markets, and we are eagerly pursuing new opportunities here to help medical office owners make the most of their real estate,” said Chip Conk, CEO of Montecito Medical.
About Montecito Medical
Montecito Medical is one of the nation’s largest privately held companies specializing in medical and veterinary real estate acquisitions and partnering with providers and developers to fund development of new properties. The company also supports providers with a suite of AI-powered technology solutions that increase revenues, reduce costs and build physician wealth. Since 2006, Montecito has completed transactions involving more than $5 billion in medical and veterinary real estate. Headquartered in Nashville, TN, the company has been named for five consecutive years as a “key influencer in healthcare real estate” by GlobeSt.com and the editors of Real Estate Forum.
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