Real Estate

Florida ASC Real Estate Sold in Sale-Leaseback Transaction

July 14, 2020 — ASCs Inc. and JH Winokur, Inc. are pleased to announce the closing of an ASC real estate sale-leaseback transaction for the BAPTIST EYE SURGERY CENTER located in Sunrise, FL. The ambulatory surgery center serves Broward, Palm Beach and Miami-Dade counties and benefits from a superior location and its successful partnership between majority owner Baptist Health South Florida and 11 [...]

July 14th, 2020|News, Real Estate|

Selling ASC Real Estate: Avoiding Mistakes

Seven Common Mistakes Made by Sellers of ASC/MOB Real Estate Many ASC physician-owners who own their ASC real estate may be considering a sale/leaseback to provide liquidity and a source of capital during the current slowdown. Due to the long-term success and profitability of surgery centers, excellent credit history and rent coverage, and the likelihood that the ASC will remain [...]

May 6th, 2020|Featured Real Estate, Real Estate|

Tips for Maximizing ASC Real Estate Value

Many ASC physician-owners also own the underlying real estate and may not realize how valuable that property has become.  Due to the long-term success and profitability of surgery centers, excellent credit history and rent coverage, and the likelihood that the ASC will remain in the same location for many years to come, ASC real estate has become increasingly attractive to [...]

January 3rd, 2020|Real Estate|

Meridian ASC/MOB real estate sells for $6.8M

A 21,000-square-foot ASC/MOB property in Meridian, Miss., recently sold for a premium value of $6.8 million. Pain Concepts of Meridian, MS sold their property consisting of a freestanding Medicare certified two-operating room surgery center and medical office space to a Real Estate Investment Trust - in an all-cash transaction. The property, known as Total Pain Care, is the only free-standing [...]

March 29th, 2019|Real Estate|

Sale & Leasebacks of ASC/MOB Real Estate

At the Becker’s ASC Review 25th Annual Meeting: The Business and Operations of ASCs, a seminar on How to maximize the value of your ASC/MOB real estate and defer taxes in a sale/leaseback was presented.  Following are questions and answers from that seminar. Why sell and leaseback my ASC/MOB real estate? Many physicians who own their ASC/MOB real estate do [...]

February 20th, 2019|Real Estate|

Why sell and leaseback your ASC/MOB real estate?

At the Becker’s ASC Review 24th Annual Meeting: The Business and Operations of ASCs, in Chicago on October 26-28, 2017, a seminar on How to maximize the value of your ASC/MOB real estate and defer taxes in a sale/leaseback was presented.  Following are questions and answers from that seminar. Why sell and leaseback my ASC/MOB real estate? Many physicians who [...]

January 26th, 2018|Archive, Real Estate|

Multi-specialty ASC real estate sells for 6 Million

J.H. WINOKUR, INC., of White Plains, New York, in association with ASCs Inc. of Valley Center, California, brokered the sale of the real estate of the Dublin Surgery Center, located in Dublin, Ohio. The Dublin Surgery Center is a 14,416 square foot multi-specialty ambulatory surgery center with four operating rooms and two procedure rooms.  The Dublin Surgery Center physicians partnered [...]

November 20th, 2017|Archive, Real Estate|

What ASC Physician-Owners Need to Know About ASC Real Estate Sales & Leasebacks

Oftentimes ambulatory surgery center physicians own not only their center, but its real estate as well. Jonathan Vick, founder and president of ASCs Inc., answers questions on successfully selling ASC real estate and obtaining favorable leases for the buildings. Question: When does it make sense for ASC physicians to consider a lease back transaction for their center? To find out [...]

May 7th, 2014|Archive, Real Estate|

Selling ASC Real Estate: 5 Things to Know for Flawless Transactions

Ambulatory surgery center physicians often own the ASC’s business and real estate. “Over the last year the stars have aligned so that owners of ASC/medical office building real estate can now sell at a very attractive price, get cash for their real estate, lease back the ASC at market rate rent and realize significant tax advantages,” says Jonathan Vick, founder [...]

March 24th, 2014|Archive, Real Estate|