Transactions: CNL Healthcare pays $60 million for MOBs

Unlisted REIT acquires two medical office buildings in Florida and two in California

By John B. Mugford

CNL Healthcare Properties recently paid $31 million for MedArts in the Springs, a two-building, medical office building (MOB) complex in Coral Springs, Fla. The unlisted REIT also recently acquired two Chula Vista, Calif., MOBs for about $29 million. (Photo courtesy of CNL Healthcare Properties)

CNL Healthcare Properties recently paid $31 million for MedArts in the Springs, a two-building, medical office building (MOB) complex in Coral Springs, Fla. The unlisted REIT also recently acquired two Chula Vista, Calif., MOBs for about $29 million. (Photo courtesy of CNL Healthcare Properties)

CNL Healthcare Properties, an unlisted real estate investment trust (REIT) sponsored by Orlando, Fla.-based CNL Financial Group LLC,  continues to make headway in the HRE sector.

In recent weeks, the REIT closed on the acquisition of two medical office buildings (MOBs)  in

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