Big Sky Medical Launches $1B JV to Acquire MOBs

The new investment vehicle has been seeded with a $400 million portfolio.

Big Sky Medical has formed a joint venture with an institutional investor to create a medical office portfolio worth $1 billion. Newmark facilitated the formation of the partnership between the Dallas-based company and the off-shore institutional investor that’s new to the sector....

RSK: This is not only happening in the medical field but also in the veterinary business as well. I know my Vet sold his practice to a group very similar to this, but he kept the buildings and they lease back from him. He is now just a paid employee working half time, collecting a large rent check each month.

- - Volume: 10 - WEEK: 18 Date: 4/26/2022 8:26:51 AM -