Montecito Continues Fast Pace in Q1 Medical Office Acquisitions with 11 MOB Deals

NASHVILLE, Tenn.--(BUSINESS WIRE)--Montecito Medical, a leading acquirer of medical office properties nationwide, continued its fast pace during the first quarter of 2024. Some of the company’s latest acquisitions included properties tenanted by market-leading providers ranging from the Mountain West to the eastern seaboard:

Springfield Clinic / Peoria, IL
Alpine Orthopaedics / North Logan, Logan, & Brigham City, UT
Advocate Aurora Health / Germantown, WI
Minnesota Women’s Care / Maplewood & Apple Valley, MN
Virginia Women’s Center / Richmond, VA
McIver Clinic / Jacksonville, FL

"We continue to see great interest from medical office owners and provider groups seeking to monetize their real estate, and we are helping them make the most of their opportunities not only to build wealth but also to build stronger practices and better serve patients,” said Chip Conk, CEO of Montecito Medical.

About Montecito Medical

Montecito Medical is one of the nation’s largest privately held companies specializing in healthcare-related real estate acquisitions and partnering with physicians and developers to fund development of medical real estate. Since 2006, Montecito has completed transactions involving more than $5 billion in medical 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. For more information, please visit www.montecitomac.com.