DALLAS, July 15, 2026 (GLOBE NEWSWIRE) — Big Sky Asset Management, LLC (“Big Sky”) announced the acquisition of HealthCap Partners, LLC (“HealthCap”), a Dallas-based healthcare real estate development and investment firm with a nearly 30-year history of providing customized real estate and capital solutions to healthcare providers, physician groups, hospitals and investors across the United States.
Originally established in 1996 as The Cirrus Group, LLC and later operating as HealthCap Partners, the firm owned more than 150 healthcare properties across 28 states, spanning medical outpatient buildings, ambulatory surgery centers, specialty hospitals and senior housing communities. Over the past three decades, HealthCap has been one of the most prolific medical real estate developers in the United States, with notable projects including The Carrell Clinic Center in Dallas, Texas. HealthCap’s broader experience includes more than 5 million square feet of healthcare real estate and more than $2.5 billion in transactional volume, reflecting its long-standing role in the growth and institutionalization of the healthcare real estate sector.
The acquisition brings together two relationship-driven healthcare real estate platforms with deep Dallas roots and complementary capabilities. HealthCap’s experience in development, brokerage, site selection, and property management complements Big Sky’s national investment and asset management platform, which focuses on medical outpatient buildings, ambulatory centers, specialty hospitals and other mission-critical healthcare facilities. Together, the combined platform is positioned to provide healthcare operators, physician partners, tenants and investors with broader capabilities, deeper operational resources and continuity of service across the full healthcare real estate lifecycle.
The transaction also carries personal significance for Big Sky. Multiple members of Big Sky’s current leadership team began working together in healthcare real estate at The Cirrus Group. Big Sky’s CEO, Jason Signor, served as Vice President and led a dozen medical outpatient developments as well as the asset management team during his tenure at Cirrus, while Senior Director of Property Management Kelli Fairall served as Senior Property Manager from 2006 to 2009. As part of the transaction, Nikki Matthews, President of HealthCap, will join Big Sky’s acquisitions team as a Director. The acquisition therefore represents both a strategic expansion of Big Sky’s healthcare real estate platform and a continuation of a legacy that helped shape the careers of several members of its leadership team.
“The Cirrus Group is where I got my start developing medical outpatient buildings, and it remains an important part of my professional story,” said Jason Signor, CEO of Big Sky. “I had the honor of working with exceptional mentors and role models there, including Bill Hutchison, Jr. and Jason Dodd, whose…
Read More: Big Sky Acquires HealthCap Partners, Expanding National Healthcare Real
