Myconic Capital Corp. continues its pursuit of facilities offering ketamine infusion therapies in the US with the acquisition of 49% of all shares of Tristar Wellness LLC and its existing wellness clinic in Miami Beach, FL, for $818,300.
The deal complements other acquisitions of clinic operators by Myconic, including Mindscape Ketamine & Infusions Therapy, PLLC of Houston and NY Ketamine Medical Practice, PLLC of New York City.
Myconic is also financing the development of a portfolio of satellite ketamine micro-clinics in South Florida. It is advancing 100% of all construction and early-stage operation costs in exchange for a 50% interest in each micro-clinic. The development of the micro-clinics is subject to the formation of a joint venture entity and pending all required state, municipal and regulatory approvals.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
