MedProperties Group Acquired by Meadows & Ohy | Real Estate Services M&A Deal

Meadows & Ohy has acquired MedProperties Group, a property management business in Illinois, for $18 million. MedProperties Group acquisition expands Meadows & Ohy acquisitions in the Chicago medical office real estate services market, supporting management of a University of Chicago primary care office in Hinsdale. The strategic acquisition reflects real estate services M&A activity focused on IL acquisitions and divestiture acquisition opportunities tied to income-producing healthcare properties. Meadows & Ohy is a strategic buyer completing a divestiture acquisition valued at $18 million, financed with a $12 million mortgage from Renasant Bank, with the seller having previously purchased the asset for $15 million.