MONTECITO

Montecito Medical Acquires Perimeter Center Commons

Retrieved on: 
Friday, January 21, 2022

Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of Perimeter Center Commons, a medical office complex located at 17300 North Perimeter Drive in North Scottsdale, Arizona, in the Phoenix metro area.

Key Points: 
  • Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of Perimeter Center Commons, a medical office complex located at 17300 North Perimeter Drive in North Scottsdale, Arizona, in the Phoenix metro area.
  • The company developed Perimeter Center Commons in 2019 and will continue to manage the property.
  • This outstanding asset has all of the key attributes we look for in strategically acquiring medical office properties, said Bryan Brown, Senior Vice President of Acquisitions at Montecito Medical.
  • Montecito Medical is one of the nations largest privately held companies specializing in healthcare-related real estate acquisitions and funding the development of medical real estate.

Montecito Medical Acquires Medical Office Property in Milwaukee Suburb

Retrieved on: 
Monday, January 10, 2022

Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of the Ascension St. Marys Medical Office Building in Mequon, Wisconsin.

Key Points: 
  • Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of the Ascension St. Marys Medical Office Building in Mequon, Wisconsin.
  • Ascension St. Marys offers a variety of services at the medical office building, including primary care, dermatology, cardiology, Mohs surgery for treatment of skin, and diagnostic radiology.
  • The Mequon property adds to Montecitos portfolio of newly constructed medical office buildings occupied by health systems in the Milwaukee area.
  • Montecito Medical is one of the nations largest privately held companies specializing in healthcare-related real estate acquisitions and funding the development of medical real estate.

ROSEWOOD HOTELS & RESORTS LAUNCHES ALCHEMY OF SLEEP RETREATS, INSPIRING GUESTS TO IMPROVE THEIR STATE OF REST

Retrieved on: 
Wednesday, January 5, 2022

Participating hotels and resorts have developed bespoke 'AWE' moments to establish a self-transcendent sense of wonderment, helping guests shift attention outward and find ways to be more present.

Key Points: 
  • Participating hotels and resorts have developed bespoke 'AWE' moments to establish a self-transcendent sense of wonderment, helping guests shift attention outward and find ways to be more present.
  • With the Alchemy of Sleep retreat launch comes the debut of Bryte Sleep Suites at Montecito's Rosewood Miramar Beach and Menlo Park's Rosewood Sand Hill in California.
  • In addition to the aforementioned properties, the Alchemy of Sleep retreats are also available at Asaya at Rosewood Phuket , Las Ventanas al Paraso, A Rosewood Resort , Rosewood Abu Dhabi , Rosewood Beijing , Rosewood Baha Mar , Rosewood Castiglion Del Bosco , Rosewood Hotel Georgia , Rosewood London , Rosewood Phnom Penh , Rosewood Sanya and Rosewood Villa Magna .
  • Rosewood Hotels & Resorts manages 28 one-of-a-kind luxury hotels, resorts and residences in 16 countries, with 24 new properties under development.

KKR Adds Healthcare Real Estate Assets to KREST Portfolio

Retrieved on: 
Monday, December 20, 2021

KKR, a leading global investment firm, today announced that KKR Real Estate Select Trust Inc. (KREST) has acquired a portfolio of core medical office buildings and ambulatory surgery centers located in seven Sun Belt states (the Portfolio).

Key Points: 
  • KKR, a leading global investment firm, today announced that KKR Real Estate Select Trust Inc. (KREST) has acquired a portfolio of core medical office buildings and ambulatory surgery centers located in seven Sun Belt states (the Portfolio).
  • This acquisition represents a meaningful diversification of our KREST investment portfolio, and we are thrilled to expand the portfolio with new exposure to healthcare real estate, said Billy Butcher, Chief Executive Officer of KREST and Chief Operating Officer of KKR Global Real Estate.
  • KKR Real Estate Select Trust Inc. ("KREST") is a continuously offered, registered closed-end fund that thematically invests in high quality, stabilized, income-oriented commercial real estate equity and debt.
  • Headquartered in Nashville, TN, Montecito has been named as a key influencer in healthcare real estate by GlobeSt.com and the editors of Healthcare Real Estate Insights.

Montecito Medical Acquires Trophy Asset in Salt Lake City Area

Retrieved on: 
Thursday, December 16, 2021

Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of the Granger Medical Clinic building in the Salt Lake City suburb of West Valley City, Utah.

Key Points: 
  • Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of the Granger Medical Clinic building in the Salt Lake City suburb of West Valley City, Utah.
  • View the full release here: https://www.businesswire.com/news/home/20211216005751/en/
    Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of the Granger Medical Clinic building in the Salt Lake City suburb of West Valley City, Utah.
  • This property is truly a trophy asset with all of the attributes we look for a new building, in an attractive market area, with a dominant medical group as a long-term tenant, said Rus Gudnyy, Senior Vice President of Investments at Montecito Medical.
  • Montecito Medical is one of the nations largest privately held companies specializing in healthcare-related real estate acquisitions and funding the development of medical real estate.

Montecito Medical Acquires Medical Office/Surgery Center Building in Phoenix Suburb

Retrieved on: 
Wednesday, December 8, 2021

Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a 68,000 square-foot medical office building in the Phoenix, Arizona, suburb of Avondale.

Key Points: 
  • Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a 68,000 square-foot medical office building in the Phoenix, Arizona, suburb of Avondale.
  • We regard the Akos Medical Office Building as a strategic acquisition in a key market, said Chip Conk, CEO of Montecito Medical.
  • Montecito Medical is one of the nations largest privately held companies specializing in healthcare-related real estate acquisitions and funding the development of medical real estate.
  • Montecito is a leading resource for both medical real estate owners and healthcare providers seeking to monetize or expand their holdings.

Montecito Medical Acquires Surgery Center Property in Buffalo Area

Retrieved on: 
Monday, December 6, 2021

Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical building that is home to an ambulatory surgery center (ASC) in Amherst, New York.

Key Points: 
  • Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical building that is home to an ambulatory surgery center (ASC) in Amherst, New York.
  • The 28,000 square-foot facility, which was completed in 2017, is 100% leased to the Ambulatory Surgery Center of Western New York.
  • Were excited to add another surgery center asset in the Northeast to our portfolio and are thrilled to build upon our strong relationship with the Ambulatory Surgery Center of Western New York team.
  • In the past year, more medical office owners have trusted Montecito than any other buyer to help them maximize the long-term value of their property, said Chip Conk, CEO of Montecito Medical.

Montecito’s Chip Conk Named Healthcare Real Estate Executive of the Year

Retrieved on: 
Thursday, December 2, 2021

Chip Conk, Chief Executive Officer of Montecito Medical, has been named by Healthcare Real Estate Insights (HREI) as its Healthcare Real Estate Executive of the Year.

Key Points: 
  • Chip Conk, Chief Executive Officer of Montecito Medical, has been named by Healthcare Real Estate Insights (HREI) as its Healthcare Real Estate Executive of the Year.
  • The HREI Insights Awards recognize excellence in the areas of healthcare real estate development and executive leadership.
  • Montecito Medical is one of the nations largest privately held companies specializing in healthcare-related real estate acquisitions and funding the development of medical real estate.
  • Headquartered in Nashville, TN, Montecito has been named as a key influencer in healthcare real estate by GlobeSt.com and the editors of Real Estate Forum.

Montecito Acquires Second Medical Property in Fort Worth Suburb of Bedford

Retrieved on: 
Tuesday, November 30, 2021

Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a facility housing a histology lab in Bedford, Texas, an affluent suburb in the Dallas Fort Worth Metroplex.

Key Points: 
  • Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a facility housing a histology lab in Bedford, Texas, an affluent suburb in the Dallas Fort Worth Metroplex.
  • The Bedford acquisition is part of a larger portfolio of medical office properties in the Dallas area that Montecito is in the process of acquiring.
  • In October, Montecito acquired another property in the community, Bedford Medical Plaza, along with medical buildings in Rockwall, Denton, Mansfield and Arlington as part of the portfolio.
  • Montecito Medical is one of the nations largest privately held companies specializing in healthcare-related real estate acquisitions and funding the development of medical real estate.

Montecito Acquires Endoscopy Center Medical Building in Sherman, TX

Retrieved on: 
Tuesday, November 23, 2021

Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical building that is home to an endoscopy center in Sherman, Texas.

Key Points: 
  • Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical building that is home to an endoscopy center in Sherman, Texas.
  • The Sherman acquisition is part of a larger portfolio of medical office properties in the Dallas area that Montecito is in the process of acquiring.
  • The board-certified gastroenterologists at TDDCs Sherman Endoscopy Center and Clinic, which includes an ambulatory surgery center, provide care for a range of gastro-intestinal conditions.
  • Montecito Medical is one of the nations largest privately held companies specializing in healthcare-related real estate acquisitions and funding the development of medical real estate.