Lapeer, Michigan – December 17th – Crown MedRealty Partners (“CROWN”), a premier healthcare real estate firm headquartered in Kansas City, MO, is pleased to announce the recent acquisition of a physician-owned, single-tenant, Ambulatory Surgery Center (“ASC”) located in Lapeer, Michigan.
The 17,750 square-foot, purpose-built ASC was acquired via a sale-leaseback transaction with Lapeer County Surgery Center (“LCSC”). Established in 2007, LCSC brings more than 150 years of combined clinical experience, performing a broad range of scheduled and non-emergent procedures across general surgery, orthopedics, pediatric surgery, ophthalmology, urology, podiatry, and pain management.
“Sale-leasebacks remain a core component of our investment strategy,” said Steve Bessenbacher, Chief Operating Officer and Co-Managing Partner at Crown MedRealty Partners. “These transactions provide physician groups with a thoughtful way to unlock real estate value while maintaining full operational control of their practice. We approach these relationships with a long-term mindset, supporting the continued success of the partners and the practices they’ve built.”
The Michigan acquisition builds on Crown’s continued momentum, as this is the 3rd of 5 scheduled Q4 closings, adding another high-quality healthcare facility to the firm’s national presence.
“We’re seeing transaction activity begin to pick up, and it’s been a productive year for our team with a few more transactions set to close heading into year-end,” said Brian Beggs, Chief Investment Officer and Co-Managing Partner at Crown MedRealty Partners. “We’ve built a reputation for reliable execution, and looking ahead, we’re well positioned and expect to remain active buyers of healthcare real estate nationwide.”
Seth Haron, Managing Director of Investments with Marcus & Millichap’s VHG CRE Group, represented the Seller in this transaction.
About Crown MedRealty Partners
Crown MedRealty Partners, LLC, (“CROWN”) is a privately owned and vertically integrated commercial real estate firm who specializes and focuses exclusively on healthcare related real estate. Headquartered in Kansas City, Missouri, Crown provides its health system and physician partners with a full range of real estate services including investment and capital solutions, acquisitions, development, property sales, management and leasing. With north of $700 million in completed transactions of medical real estate to date, Crown’s managed portfolio presently includes 115+ properties totaling 2 million square feet and spans across 24 states nationwide.
As an industry leader in healthcare related real estate, we believe in thinking creatively, acting with integrity, adapting quickly, and taking a hands-on approach to every deal. If you would like to discuss your future partnership with CROWN, please contact our team at 816-878-6307
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