Harpeth Capital, LLC is pleased to announce that it served as exclusive financial advisor and placement agent to Montecito Medical Real Estate (“Montecito Medical”) in connection with the first and second close on a multi-holding medical office building portfolio including a hospital-tenant MOB in Maine and a dialysis clinic/nephrology practice MOB in Georgia. A third and final close occured in March 2019.
Based in Nashville and recently recognized as a key “Influencer” in healthcare real estate for 2018 by the editors of Real Estate Forum and GlobeSt.com, 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. Since 2005, the firm has completed over 120 transactions in 27 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, Urology of Virginia, Bon Secours, Maine General, EmergeOrtho and State of Franklin Healthcare Associates.