CEO Jason L. Signor discusses impact of firm’s purchase of HealthCap Partners
By John B. Mugford
Jason L. Signor
Last week, HREI™ reported that Dallas-based Big Sky Asset Management LLC, an investment and asset management firm focused on healthcare real estate (HRE), had recently acquired another Dallas-based healthcare real estate (HRE) firm, HealthCap Partners LLC.
Although the financial details were not disclosed, the deal has Big Sky, which was launched in 2020 by longtime HRE executive Jason L. Signor, the firm’s CEO and founder, acquiring HealthCap Partners LLC, which had been founded in 1996 as The Cirrus Group.
Interestingly, Mr. Signor got his start in the HRE sector in 2004 with The Cirrus Group, which changed its name to HealthCap in 2012. The firm has been quite a prolific developer and buyer of HRE facilities, as it owned more than 150 healthcare properties in 29 states totaling about 5 million square feet and more than $2.5 billion in transaction volume during its history.
“The Cirrus Group is where I got my start developing medical outpatient buildings (MOBs), and it remains an important part of my professional story,” Mr. Signor said in a news release.
In a follow-up interview with HREI, Mr. Signor said that the acquisition of HealthCap will provide
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