First Choice Healthcare Solutions has sold its headquarters to Global Medical REIT in a leaseback deal for $15.45 million. The 78,000 sqf building, Marina Towers, located in Melbourne netted the company nearly $8 million. First Choice Healthcare is one of the nation’s only non-physician-owned, publicly traded healthcare services companies focused on orthopaedic care and treatment.
Christian Romandetti, Chairman, President and CEO of First Choice, said, “The completion of this transaction marks yet another major milestone…as we proceed with executing our expansion plans, designed to create, capture and enhance shareholder value. To be sure, we are implementing a business model that emphasizes controlled, smart growth; and one that we strongly believe best positions us to fully capitalize on the evolving dynamics changing how quality healthcare is being delivered in our country.”
