OrthoCarolina, one of the nation’s largest orthopedic groups, faced a dilemma. On the one hand, explains Dr. Bruce Cohen, “Our real estate had gotten so valuable, it was hard for new members to come in” and buy shares in the partnership. But selling the properties raised concerns about outside ownership.Montecito worked with OrthoCarolina to create a win/win that aligned physician interests and allowed the group to retain an ownership state in the 9 medical office buildings we acquired.“I wouldn’t hesitate to recommend Montecito to other physicians and physician groups,” Dr. Cohen says.
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