“This medical office building, which includes the Surgical Center, is located in one of the best zip codes in the country,” explained Montecito CEO, Chip Conk. “We assess each medical market including patient demographics, patient growth and affluence among other things and this location falls in the top 1 percent nationally. Perhaps more importantly, this building houses a very successful ambulatory surgical center that is located near multiple successful hospital systems that will continue to provide exceptional healthcare services. We are excited to have purchased the building in which the Surgical Center is located.”

The Weston Medical Surgical Pavilion is the 25th medical office building that Montecito has acquired year-to-date in 2017 and the 99th medical office building since inception, representing more than $1.5 billion and 5 million square feet.


About Montecito Medical

Montecito Medical is one of the nation’s 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 real-estate owners and healthcare providers seeking to monetize or expand their holdings. Montecito has offices in Nashville, TN, Austin, Texas and Orange County, California. Since 2005, it has acquired more than $1.5 billion in medical real estate totaling over 4.7 million square feet in 25 states. To date, Montecito has more than $1 billion in capital available to expand holdings in its medical office portfolio throughout the United States. Its current portfolio and healthcare system relationships include UCLA, Cleveland Clinic, Johns Hopkins, Holston Medical Group, Carolinas Health System, Bon Secours, Maine General, EmergeOrtho and State of Franklin Healthcare Associates.

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