Transactions: Biggest MOB portfolio sale since Duke Realty?

Transactions: Biggest MOB portfolio sale since Duke Realty?

Industry sources say CNL Healthcare Properties plans to sell its MOBs ORLANDO, Fla. – In what could be the largest medical office building (MOB) portfolio sale since last year’s Duke Realty sale, multiple healthcare real estate (HRE) industry sources tell Healthcare Real Estate Insights that CNL Financial Group plans to sell the MOB portfolio owned […]

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Transactions: Unit of German bank buys NYC MOB for $332.5M (UPDATED)

Commerz Real pays $854 PSF, 4.45 cap rate for asset leased by NYU Langone NEW YORK — In what might be the biggest single-asset medical office building (MOB) transaction ever, Eschborn, Germany-based Commerz Real, the real assets investment manager of Frankfurt-based Commerzbank AG, closed May 29 on the $332.5 million acquisition of a 25-story, 389,522 […]

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Feature Story: Healthcare REIT execs still bullish

Despite potential disruptors and low cap rates, BOMA panelists remain upbeat By John B. Mugford The largest healthcare-focused real estate investment trusts (REITs), have long been and continue to be one of the most important – if not the most important – buyers of medical office buildings (MOBs). According to healthcare real estate (HRE) research […]

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The recent BOMA MOB conference panel on third-party capital partners included (from left to right), moderator Andy Dow of Winstead, Courtney Hanfland of CHI, Deeni Taylor of Physicians Realty Trust, Joe Euphrat of CleanFund Commercial and Lance Mendiola of Christus Health. (HREI photo)

Feature Story: Third-party capital has its place

Panel at 2018 BOMA MOB conference discusses what the ‘new era’ of partners can provide By John B. Mugford Let’s all face it, a majority of the country’s health systems are not going to be selling, or monetizing, all of their medical office buildings (MOBs) to third-party investors anytime soon. Yet, during an era when […]

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Ethan Brosowsky of The Advisory Board told BOMA MOB conference attendees that providers must create interconnected ambulatory care networks to succeed in today’s highly competitive market. (HREI™ photo)

Feature Story: Ambulatory ‘constellations’ are the future

At BOMA MOB conference, consultant stresses the importance of inter-connected networks By John B. Mugford Ever since humans first looked to the night sky, they have found and used patterns, or constellations, among the stars to help them survive. “Individual stars are beautiful, and are bright, but are not really useful to us as humans,” […]

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Now Available: 2018-19 HREI Resource Guide

Now Available: 2018-19 HREI Resource Guide

Please click on one of the options below to access the 2018-19 HREI Resource Guide™ in your preferred format: PDF (“snapshots” of entire publication or selected articles) Website (individual articles) The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: […]

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News Release: Just Closed: Mission Health Asheville Portfolio | 86,450 RSF

News Release: Just Closed: Mission Health Asheville Portfolio | 86,450 RSF

Just closed: Mission Health Asheville Portfolio The JLL Healthcare Capital Markets Group is pleased to announce the sale of the Mission Health Asheville Portfolio, containing three medical office buildings totaling 86,450 rentable square feet in Asheville, North Carolina.   The properties are under 10-year single-tenant leases to Aa3-rated Mission Health, the dominant healthcare provider in western North Carolina.  […]

News Release: DaVita | STNL | Just Closed

News Release: DaVita | STNL | Just Closed

JUST CLOSED: 20325 North 51st Avenue DaVita| $4,550,000 | Investment Services Group  The Investment Services Group at Sun Commercial Real Estate is proud to announce the closing of a Single Tenant Absolute Net Leased DaVita Dialysis in Glendale, Arizona. DaVita Inc., a Fortune 500 company, serves as one of the largest kidney care companies in the USA and recently extended their term by 10 […]

News Release: Six Net-Leased Medial Office Assets Valued at $27.1 Million Closed

News Release: Six Net-Leased Medial Office Assets Valued at $27.1 Million Closed

FOR IMMEDIATE RELEASE         Contact: Gina Relva, Public Relations Director (925) 953-1716 Six Net-Leased Medial Office Assets Valued at $27.1 Million Closed By Jamie Medress and Mark Ruble of Marcus & Millichap NextCare Urgent Care, Goodyear  Honor Health, Peoria Northwest Emergency Center, Marana PHOENIX, June 5, 2018 – Marcus & Millichap (NYSE: MMI), a leading commercial real […]

News Release: Easterly Government Properties announces agreement to acquire 1,479,762 SF U.S. government leased portfolio for $430.0 million

News Release: Easterly Government Properties announces agreement to acquire 1,479,762 SF U.S. government leased portfolio for $430.0 million

~ 14 Property Mission Critical Portfolio ~ ~ $515 Million in Total Announced Acquisitions in 2018 ~ WASHINGTON, D.C. – June 18, 2018 – Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased […]

News Release: Hospital Planned for Sentara BelleHarbour Campus in Suffolk, VA

News Release: Hospital Planned for Sentara BelleHarbour Campus in Suffolk, VA

24-bed hospital will serve fast-growing North Suffolk June 18, 2018 By: Dale Gauding Sentara Healthcare has filed a Letter of Intent with the Virginia Department of Health for a Certificate of Public Need (COPN) for 24 inpatient beds, two operating rooms and a CT scanner on the campus on Route 17 Bridge Road. The Sentara BelleHarbour campus […]

News Release: NKF Capital Markets Orchestrates Sale of Medical Office Building in Mass

News Release: NKF Capital Markets Orchestrates Sale of Medical Office Building in Mass

NKF Capital Markets Orchestrates Transaction of 67 South Bedford Street The Davis Companies Sells Class A Medical/Office Building to Anchor Health Properties NKF Capital Markets has successfully completed the sale of 67 South Bedford Street in Burlington, Massachusetts to one of Anchor Health Properties’ existing institutional joint ventures. On behalf of The Davis Companies, NKF […]

News Release: Carter Validus Mission Critical REIT II, Inc. Announces Acquisition of a Medical Office Building in Carrollton, Texas for Approximately $8.5 Million

News Release: Carter Validus Mission Critical REIT II, Inc. Announces Acquisition of a Medical Office Building in Carrollton, Texas for Approximately $8.5 Million

Carter Validus Mission Critical REIT II, Inc. Announces Acquisition of a Medical Office Building in Carrollton, Texas for Approximately $8.5 Million On June 11, 2018, Carter Validus Mission Critical REIT II, Inc. (“CV Mission Critical REIT II”), a public, non-traded, real estate investment trust focused on assembling a diversified portfolio of net-leased data center and […]

News Release: New Patient Tower and Renovations at Mercy Hospital Jefferson

News Release: New Patient Tower and Renovations at Mercy Hospital Jefferson

PRESS RELEASE: 03.12.2018 McCarthy has completed construction of a new three-story, 120,000-square-foot patient building on the campus of Mercy Hospital Jefferson in Crystal City, Mo. Constructed to the south of the existing hospital facility, the $73 million tower features 90 private patient rooms and is designed to accommodate a potential vertical expansion to add new […]

News Release: NKF and JLL Complete Lease for TeamHealth

News Release: NKF and JLL Complete Lease for TeamHealth

Newmark Knight Frank and JLL Complete Lease Relocation and Restructure for TeamHealth Newmark Knight Frank (NKF) and JLL announced the completion of a 51,290-square-foot lease for medical staffing firm TeamHealth. TeamHealth will consolidate and relocate approximately 400 employees to Corporate Pointe at West Hills, located at 8511 Fallbrook Ave. NKF’s Executive Managing Director David Kluth […]

News Release: Healthcare Real Estate-Developer Meridian Sells 104,000 SF Multi-Tenant Office Building in San Mateo County, California for $39.5 Million

News Release: Healthcare Real Estate-Developer Meridian Sells 104,000 SF Multi-Tenant Office Building in San Mateo County, California for $39.5 Million

Meridian Sells 104,000 SF Multi-Tenant Office Building in San Mateo County, California for $39.5 Million With more than 500,000 SF currently in development/redevelopment and another 500,000-plus SF in the pipeline, Meridian is still aggressively pursuing more value-add general and medical office opportunities throughout California Meridian, a full-service real estate developer and owner of general and […]

News Release: Deal: Capital One Closes $92.4 Million USD Loan to Fund Invesque’s Acquisition Of Premier Canadian Medical Office Building REIT

News Release: Deal: Capital One Closes $92.4 Million USD Loan to Fund Invesque’s Acquisition Of Premier Canadian Medical Office Building REIT

Capital One Closes $92.4 Million USD Loan to Fund Invesque’s Acquisition Of Premier Canadian Medical Office Building REIT Capital One announced today that it provided a $92.4 million USD adjustable-rate loan to Invesque, a real estate investment company specializing in healthcare and senior living properties throughout North America. Invesque used these funds as part of its acquisition […]

MedProperties Holdings and Cypress West Realty Partners have formed a joint venture to acquire the 50,040 square foot West 101 Gateway medical office building in Phoenix. This is MedProperties’ fourth acquisition in the Phoenix metro area.

News Release: MedProperties, Cypress West Partners form JV to acquire Phoenix medical office building

The, 50,040 square foot West 101 Gateway MOB has class A finishes, an ideal location near major highways and a full-service medical campus, and excess land for future development PHOENIX and DALLAS, June 13, 2018 – In a continuation of its belief in the strong Phoenix healthcare market, MedProperties Holdings LLC has acquired its fourth […]

News Release: Deal: Capital One Closes $9.3 Million Fannie Mae Loan to Refinance Texas Assisted Living Community

News Release: Deal: Capital One Closes $9.3 Million Fannie Mae Loan to Refinance Texas Assisted Living Community

Capital One Closes $9.3 Million Fannie Mae Loan to Refinance Texas Assisted Living Community Capital One announced today that it provided a $9.3 million Fannie Mae fixed-rate loan to refinance The Arbor Assisted Living and Memory Care, a 59-unit seniors housing facility in Nacogdoches, Texas. The sponsor, Prevarian Senior Living, is using the proceeds to retire existing […]

Bridgewood Health Care Center, Kansas City (Photo courtesy of Reliant Care Management Company)

News Release: Griffin-American Healthcare REIT IV Enters Agreement to Acquire Portfolio of Skilled Nursing Facilities in Missouri for $88.2 Million

Griffin-American Healthcare REIT IV Enters Agreement to Acquire Portfolio of Skilled Nursing Facilities in Missouri for $88.2 Million  American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has entered into an agreement to acquire a portfolio of skilled nursing facilities located throughout the state […]

News Release: National Leading Healthcare Real Estate Investment Company Expands in Dallas

News Release: National Leading Healthcare Real Estate Investment Company Expands in Dallas

The Sanders Trust expands with the opening of Dallas office Michael Arvin Selected as Director of Strategy & Development The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, has announced the opening of a new office in Dallas, Texas. With this recent expansion The Sanders Trust has named seasoned strategy director, […]