News Release: Montecito Acquires Memorial Hermann Sports Park in Suburban Houston
FOR IMMEDIATE RELEASE January 20, 2021 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical office building and athletic training/wellness center on the campus of Memorial Hermann Hospital in Katy, Texas. The Class A, two-story complex, which opened in 2019, […]
Feature Story: Kaiser remains on a roll (for real estate ownership)
Revista’s Top 50 ownership report also shows inventory growth, strong construction By John B. Mugford It sounds like a broken record — or to be more up to date, a faulty MP3 recording. However, once again, as has been the case for the past seven years, Oakland, Calif.-based Kaiser Permanente, the giant health insurance firm […]
News Release: BioMed Realty Acquires Assembly Square Site in Somerville, Massachusetts
Innovation campus represents a substantial opportunity to support the region’s growing life science and technology cluster January 19, 2021 09:00 AM Eastern Standard Time BOSTON–(BUSINESS WIRE)–BioMed Realty, a leading provider of real estate solutions to the life science and technology industries, has announced the acquisition of an existing 162,000 square foot office building and adjacent […]
News Release: Knoebel Construction completes CVS remodels and health clinic construction in St. Louis, Chattanooga and Leawood, KS
Knoebel Construction completes construction of health clinics at CVS Pharmacy locations in Missouri, Kansas and Tennessee January 18, 2021 ST. LOUIS, MO – Knoebel Construction has completed $350,000 open store remodels and construction of new Minute Clinic/HealthHUB clinics at CVS Pharmacy locations in Leawood, KS, Chattanooga, TN and St. Louis, MO. The projects included constructing […]
News Release: On-Campus Women’s Specialty Outpatient Clinic Acquisition Expands Anchor Health Properties’ Footprint in Target West Coast Market
FOR IMMEDIATE RELEASE January 18, 2021 (Media, PA) Anchor Health Properties (Anchor), a national full service healthcare real estate development, management, and investment company focused exclusively on healthcare facilities, has recently closed on a nearly 10,000 square foot Class A strategic outpatient specialty care facility on the campus of MultiCare Good Samaritan Hospital in the […]
News Release: Montecito Acquires Allergy & Asthma Medical Office Building in Richmond (Va.) Area
FOR IMMEDIATE RELEASE January 18, 2021 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical office building in the Richmond area that is occupied by a leading allergy and asthma practice. The property, which is 100% leased to Richmond Allergy […]
News Release: Montecito Adds Two More NOMS Medical Office Buildings (Ohio)
FOR IMMEDIATE RELEASE January 15, 2021 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of two medical office buildings occupied by Northern Ohio Medical Specialists (NOMS). The two properties — located in Clyde and Sheffield, Ohio, respectively — represent a combined total […]
News Release: BMO Harris Healthcare Real Estate Finance provides a $78.6 Million Credit Facility for Kayne Anderson Real Estate and Remedy Medical Properties
Chicago, January 14, 2021 — BMO Harris Bank’s Healthcare Real Estate Finance group announces that it has closed on a $78.6 million term loan to Kayne Anderson Real Estate and Remedy Medical Properties to acquire a portfolio of medical office buildings. The portfolio consists of 12 facilities across four states totaling 333k SF. The portfolio is […]
News Release: Medical office building REIT picks up San Diego medical office for $37.35M
JLL Capital Markets represented Virtus Real Estate Capital and Coast Income Properties in the transaction SAN DIEGO, Jan. 13, 2021 – JLL Capital Markets announced today that it has closed the $37.35 million sale of Torrey Hills Medical Plaza, a 47,596-square-foot, Class A medical office building and attached parking garage in San Diego, California. JLL […]
News Release: Montecito Acquires NOMS Flagship Building in Sandusky, OH
FOR IMMEDIATE RELEASE January 13, 2021 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical office building in Sandusky, OH, that represents the flagship location of Northern Ohio Medical Specialists (NOMS). The three-story, 91,300 square-foot facility is 100% leased to […]
Companies & People: After a hiatus, John Smelter is back
Pioneering sales broker is now a buyer with White Oak Healthcare MOB Holdings By John B. Mugford As the medical office building (MOB) sector has grown in stature among investors of all types in recent years, including institutional capital sources, so have the yearly sales volumes, which in recent years have consistently topped $10 billion. […]
News Release: Aspirus Health signs agreement to acquire Ascension care sites in north/central Wisconsin
Published: 1/12/2021 WAUSAU, Wisconsin – Aspirus Health and Ascension have signed an agreement to transfer from Ascension to Aspirus ownership of seven hospitals, 21 physician clinics, and air and ground medical transport services located in north and central Wisconsin. “Aspirus is committed to creating thriving, healthy rural communities,” said Matthew Heywood, President and CEO of […]
News Release: Aegis Living and Blue Moon Acquire 10 Communities, $350M+ in Senior Living Real Estate
Second joint venture for the companies and largest transaction to date, expanding relationship and supporting Aegis Living’s ambitious growth plans amid COVID-19 pandemic January 12, 2021 (Bellevue, Wash.) — Aegis Living, a leading provider of assisted living and memory care, and Blue Moon Capital Partners LP (“Blue Moon”), a prominent senior housing private equity investor, […]
News Release: Woodside Health Announces Sale of Kingwood Executive Center in Houston, TX
FOR IMMEDIATE RELEASE Cleveland, OH (January 6th, 2021) – Woodside Health is pleased to announce the sale of the Kingwood Executive Center, a 29,000 square foot medical office building complex in Kingwood, TX. Woodside purchased the Houston-area property from its developer in 2011. Over the past ten years, Woodside replaced many of the original tenants […]
News Release: Healthcare Trust of America, Inc. Provides Business Update for 4Q 2020
NEWS PROVIDED BY Healthcare Trust of America, Inc. Jan 12, 2021, 07:30 ET SCOTTSDALE, Ariz., Jan. 12, 2021 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE:HTA or the “Company”), provided a business update for 4Q 2020 which included the acquisition of over $129 million of medical office investments and the collection of more than 99% of […]