Healthcare Real Estate

Investor groups affiliated with Coordinated Health founder and former CEO Dr. Emil DiIorio have sold the bulk of their Lehigh Valley medical real estate to a Milwaukee firm connected to a key player in the early stages of downtown Allentown’s redevelopment. The entities sold 13 properties where Lehigh Valley Health Network-owned Coordinated Health is a

ASCs Inc. and J.H. Winokur closed an ASC real estate sale-leaseback transaction for Sunrise, Fla.-based Baptist Eye Surgery Center. The ASC is a partnership between majority owner Baptist Health South Florida and 11 eye surgeons. The surgeons owned the real estate lease and the sale was made using the existing lease and rent; as a

Alto Real Estate Fund and Anaheim-based Milan Capital Management sold Pomerado Professional Plaza, a medical clinic complex in San Diego for roughly $17 million, representing a 5.8% cap rate. The property was sold to an unnamed U.S.-based REIT investing in medical properties. Read the full article: Alto, Milan Capital Divest San Diego MOB for $17M

Real estate investment and development firm MedCore Partners has acquired a seven-property senior living portfolio operated by Senior Services of America (SSA), and has ambitions to do similar value-add, middle-market deals going forward. The 582-unit portfolio consists of five properties in Washington state and two in California, offering a mix of independent living, assisted living