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Announced

Completed

Montecito Medical completed the acquisition of medical office properties.

Synopsis

Montecito Medical, a real estate opportunistic fund, completed the acquisition of medical office properties. Financial terms were not disclosed. “We are pleased to have been selected as the buyer of these prime assets, which are part of a master-planned community focused on populations that are the largest consumers of healthcare services. We are especially pleased to begin a relationship with CHRISTUS Ochsner Health and with a respected orthopedic practice that is the area’s leading provider in its specialty,” Bryan Brown, Montecito Medical Senior VP.

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