21Oct

Montecito Medical Real Estate Adds Two New Members to Rapidly Expanding Data Team

  Montecito Medical, one of the nation’s top privately held acquirers of medical office real estate, has expanded its information technology team with the recent addition of two new members — Robert Pestona and Andrea Allen — to help leverage the company’s leadership position in data-driven decision-making to make th…

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19Oct

Montecito Medical Acquires Virginia Beach Orthopedic Medical Office

Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical office asset occupied by a leading orthopedic practice in Virginia Beach, VA.The building is home to the Jordan-Young Institute, the anchor tenant for the property, which leases 85 percent of the building&rsq…

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28Sep

Montecito Medical Acquires Four-Building Portfolio in Little Rock

  Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a four-building portfolio in the Little Rock area occupied by the state’s leading urology group practice.   The four properties, which represent a combined total of more than 72,500 square feet, in…

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22Sep

Montecito Medical Acquires Large Surgical Center in NC

Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of the Surgical Center of Greensboro property in Greensboro, NC.   The two-story, state-of-the-art, multi-specialty facility, constructed in 2017, encompasses 60,000 square feet. The building is 100% occupied by Su…

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09Sep

Dr. John Sheppard | Virginia Eye Consultants | Testimonial

At Montecito Medical, our business is built around taking care of the physicians who take care of all of us. We work with physicians from coast to coast to help them build long-term wealth, save money and build stronger practices for their patients.We invite you to take a moment and see what a leading ophthalmologist, Dr. John Sheppard of Vi…

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04Sep

Montecito Medical Acquires Medical Mall in Kansas City Metro Area

Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of Rock Haven Medical Mall in the greater Kansas City area.   The two-story, state-of-the-art medical office property is situated in Harrisonville, Missouri, 35 miles south of Kansas City. The nearly 76,000-square-…

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02Sep

Montecito Medical Real Estate Appoints Wylie as Chief Technology Officer

Montecito Medical Real Estate, one of the nation’s top privately held acquirers of medical office real estate, has added Blake Wylie to its leadership team as the company’s first Chief Technology Officer.   Wylie brings to the company two decades of experience in managing information systems and technology. At Montecito, he ove…

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27Aug

Montecito Medical Acquires MPoA Medical Office Portfolio

Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of six medical office buildings that were part of the portfolio of Medical Properties of America (MPoA).   The six properties span three states and include:   •      Four facili…

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20Aug

Montecito Medical Acquires Two Imaging Centers in Corpus Christi

Nashville, Tenn.  — Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of two outpatient imaging facilities in Corpus Christi, Texas.   The two properties, both 100% leased by Radiology & Imaging of South Texas, have a combined square footage of 28,5…

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11Aug

Montecito Medical Real Estate Appoints Brian Maas as General Counsel

NASHVILLE, Tenn. – Montecito Medical Real Estate, one of the nation’s top privately held acquirers of medical office real estate, continues to expand its team to keep pace with its acquisition velocity with the key addition of Brian Maas as the company’s General Counsel.   Maas brings to Montecito more than two decades of…

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10Aug

Montecito Medical Acquires Prime Office Property in Houston Area

Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a prime medical property, Mason Creek Medical Office Building (MOB), in suburban Houston.   Consisting of 30,000 square feet on 3.89 acres in a steadily growing area of Katy, Texas, Mason Creek MOB is a two-stor…

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28Jul

Montecito Medical Maintains Steady Pace with Acquisition from Leading ENT Group

Nashville, Tenn.  — Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a prime medical property in Lynchburg, VA.   The 16,942 square-foot facility, which is 100% leased to Blue Ridge Ear, Nose and Throat and Plastic Surgery, was constructed in the 19…

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23Jul

Montecito Medical Real Estate Adds Prindle to Rapidly Growing Corporate Team

NASHVILLE, Tenn. – Montecito Medical, one of the nation’s top privately held acquirers of medical office real estate, continues to expand its team to keep pace with its acquisition velocity with the recent addition of Kaitie Prindle as Corporate Accountant.   Prindle is responsible for all phases of general ledger corporate acc…

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18Jun

Montecito Medical Maintains Steady Flow of Acquisitions with Wisconsin Medical Office

Company Adds Prime, Hospital-Leased Property in Chippewa Falls   Nashville, Tenn.  — Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a prime medical office building in Chippewa Falls, Wisconsin.   The company acquired the St. Joseph’s …

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01Jun

Matthew Stearns Testimonial Video

For Murfreesboro Medical Clinic, a dominant, multi-specialty provider in Tennessee’s fastest growing marketplace, the opportunity for physicians to reinvest in the building was an important factor in the decision to sell. Even more, however, it came down to the group’s comfort in working with us. We don’t flip properties. Inste…

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20May

Montecito Supports Our Heroes

In the wake of the Corona-19 pandemic and the devastating tornadoes that ravaged Nashville, our corporate home, the Montecito team has chosen to add to our usual charitable giving by supporting three organizations that we regard as healthcare and humanitarian heroes. We wanted to draw your attention to their work and invite you to support them, too…

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19May

Spotlight: Montecito’s Business Development Team

Montecito Medical reviews approximately 400 prospective medical office building deals in a typical month. Much of the credit for that figure goes to the company’s business development team, led by Tyler Rhoades and Alex Nicholson.   The secret behind the approach that brings Montecito so many deal opportunities involves a combination o…

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28Apr

Montecito Medical Acquires Medical Office Property in Anchorage

Nashville, Tenn.  — Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has announced that it has acquired a prime medical office building and surgery center in Anchorage, AK. The property, which is 100-percent leased to affiliates of Fresenius Medical Care, encompasses nearly 18,0…

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22Apr

Dr. Bruce Cohen Testimonial Video

  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 worke…

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08Apr

Montecito Medical Continues Full Speed Ahead with Outpatient Facility Acquisitions in Northwest Arkansas

Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of two outpatient facilities in the rapidly growing Northwest Arkansas marketplace. In the adjoining buildings, in Rogers, Arkansas, which will remain 100 percent-occupied by Mercy Health of Northwest Arkansas under long…

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01Apr

Montecito Medical Acquires Fresenius Medical Office Property in Las Vegas

Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has acquired a prime medical office building and surgery center in Las Vegas. The property, which is 100-percent leased to affiliates of Fresenius Medical Care, encompasses more than 53,000 square feet in rentable space. Within the building, which wa…

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09Mar

Montecito Medical Real Estate Add McIntosh as Investment Analyst

Nashville, Tenn. — Montecito Medical, the nation’s top privately held acquirer of medical office real estate, has expanded its growing team with the addition of Lucas McIntosh as an Investment Analyst. As a member of Montecito’s acquisition team, McIntosh will be involved in analyzing and sourcing potential medica…

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06Mar

Montecito Medical Announces Hiring of Glenn Preston as COO

NASHVILLE, Tenn. – Montecito Medical, the nation’s top privately held acquirer of medical office real estate, has named healthcare real estate veteran, Glenn Preston, as the company’s Chief Operating Officer. In this capacity, Preston will serve on the Executive Committee and partner with senior leaders of the company to develo…

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06Mar

Montecito Medical Acquires Surgery Center in Virginia

Nashville, TN — Montecito Medical Real Estate, a leading owner of medical office buildings throughout the U.S., has finalized the acquisition of a premier medical office building and surgery center in Goochland, Virginia.   The property, with just under 70,000-square-feet, is 86 percent-occupied. The building’s anchor tenant…

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12Feb

Montecito Medical Adds Farno as Manager of Asset Management

NASHVILLE, Tenn. – Montecito Medical Real Estate, the nation’s top privately held acquirer of medical office real estate, is pleased to announced that Patrick Farno has joined the company as Manager of Asset Management.   Farno, who possesses significant experience in property development and management, will manage Monte…

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05Dec

Montecito Named Key Influencer in Healthcare Real Estate for Second Consecutive Year

CEO Chip Conk also a finalist for Healthcare Real Estate Executive of the Year Nashville, TN — Nashville-based Montecito Medical Real Estate has been named as the “Key Influencer” in Healthcare Real Estate for 2019. The recognition was bestowed by the editors of Real Estate Forum and Globe St. Partners, which publish an annual l…

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18Nov

Montecito Medical Promotes Justin Hayball to Chief Investment Officer

Nashville, TN — Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., announced the promotion of Executive Vice President of Acquisitions, Justin Hayball, to Chief Investment Officer.   Mr. Hayball joined Montecito in early 2013 and has been an integral part of the acquisitions and due d…

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