There has been an increased interest in purchasing ambulatory surgery center and medical office building real estate, according to ASCs, Inc., founder and President Jon Vick.
Medical real estate is commanding higher prices than any being offered over the past five years. The increasing availability of credit and lower interest rates has made the purchase of high quality medical real estate possible.
"This is a good time to sell – good quality properties are scare and it is a seller's market," says Mr. Vick. "There are several very good quality buyers and valuations are attractive. We were recently contracted by buyer who has $100 million to invest in ASC real estate and is paying top market prices, some above asking price."
ASCs, Inc., advises ASC and endoscopy center physician owners on how to maximize the value of their assets.
More Articles on Transactions and Valuation Issues:
6 Hospitals & Health Systems Planning or Building Surgery Centers
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Medical real estate is commanding higher prices than any being offered over the past five years. The increasing availability of credit and lower interest rates has made the purchase of high quality medical real estate possible.
"This is a good time to sell – good quality properties are scare and it is a seller's market," says Mr. Vick. "There are several very good quality buyers and valuations are attractive. We were recently contracted by buyer who has $100 million to invest in ASC real estate and is paying top market prices, some above asking price."
ASCs, Inc., advises ASC and endoscopy center physician owners on how to maximize the value of their assets.
More Articles on Transactions and Valuation Issues:
6 Hospitals & Health Systems Planning or Building Surgery Centers
Palo Alto Medical Foundation to Build Surgery Center in Fremont
Apex Dermatology & Skin Center Opens in Ohio