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News Release: Cushman & Wakefield Advises $16.1M Medical Portfolio Sale in AZ - Demand for Quality Medical Investments at All-Time Highs

News Release: Cushman & Wakefield Advises $16.1M Medical Portfolio Sale in AZ – Demand for Quality Medical Investments at All-Time Highs

Cushman & Wakefield announced today a 39,305-square-foot (sf) portfolio consisting of three medical office buildings in the cities of Chandler and Gilbert, Arizona has sold for $16,100,000 ($410 PSF). The buyer was Global Medical REIT of Bethesda, Maryland. Cushman & Wakefield represented the anchor tenant and seller in the transaction, a local gastroenterology practice that […]

News Release: HFF advises on formation of programmatic joint venture between Baptist Health South Florida and Belmont Senior Living

News Release: HFF advises on formation of programmatic joint venture between Baptist Health South Florida and Belmont Senior Living

Holliday Fenoglio Fowler, L.P. (HFF) announces today it has advised on the formation of a programmatic joint venture between Baptist Health South Florida, the largest not-for-profit healthcare organization in the region, and Belmont Village Senior Living, a nationally recognized luxury senior housing provider, to develop, own and operate senior housing communities in South Florida. HFF […]

News Release: NKF Orchestrates $11.35 Million Sale of 122-130 Marshall Road in Lowell, MA

News Release: NKF Orchestrates $11.35 Million Sale of 122-130 Marshall Road in Lowell, MA

JACO Realty Sells Department of Veterans Affairs-Leased Medical Office Building to Catalyst Capital Newmark Knight Frank (NKF) has successfully completed the $11.35 million sale of 122-130 Marshall Road in Lowell, Massachusetts to Catalyst Capital, a Los Angeles-based real estate investment and management firm specializing in U.S. government-leased properties. On behalf of JACO Realty, Executive Managing […]

News Release: Molly Leach Promoted to Vice President

News Release: Molly Leach Promoted to Vice President

CBRE Columbus announced today that Molly Leach has been promoted to vice president. This promotion is directly related to Molly’s hard work, a high level of revenue production and a commitment to professional growth. “Molly is obsessed with advocating for her clients and helping them achieve the very best outcome,” said Michael Copella, Market Leader, CBRE Columbus. “She is […]

News Release: Medical Specialty Practices Combine Forces to Build 42,000-Square-Foot Medical Office Building

News Release: Medical Specialty Practices Combine Forces to Build 42,000-Square-Foot Medical Office Building

CBRE announced today that it assisted four medical specialty groups to buy acreage and build a new medical office building. Molly Leach, vice president, CBRE, assisted the group in the purchase, located at 430 Altair Parkway, Westerville, Ohio, 43082. Ohio Gastroenterology, Central Ohio Skin & Cancer, Premier Urology and Professionals for Women’s Health were previously in […]

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News Release: McCarthy Completes CHRISTUS Spohn Hospital Corpus Christi – Shoreline Patient Care Tower

Extensive planning and collaboration maximized efficiency in the building process for early completion McCarthy Building Companies, Inc., one of the top healthcare builders in Texas and nationally, recently completed the CHRISTUS Spohn Hospital Corpus Christi – Shoreline, New Patient Care Tower. The new tower, which broke ground in July 2016, was completed 41 days ahead […]

News Release: CBRE appointed by Providence St. Joseph Health to provide property management services across its medical offices

News Release: CBRE appointed by Providence St. Joseph Health to provide property management services across its medical offices

CBRE APPOINTED BY PROVIDENCE ST. JOSEPH HEALTH TO PROVIDE PROPERTY MANAGEMENT SERVICES ACROSS ITS MEDICAL OFFICES Providence St. Joseph Health (PSJH), one of the nation’s largest health systems, has appointed CBRE to provide property management and portfolio services for 14-million-square-feet of their medical office portfolio.  PSJH is a not-for-profit, Catholic health system that employs more […]

News Release: H2C Advises Mercy Iowa City on $41.8 Million Refinancing, Sale of Medical Office Portfolio

News Release: H2C Advises Mercy Iowa City on $41.8 Million Refinancing, Sale of Medical Office Portfolio

Hammond Hanlon Camp LLC Advises Mercy Iowa City on $41.8 Million Refinancing, Sale of Medical Office Portfolio Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused strategic advisory and investment banking firm, through its wholly-owned subsidiary H2C Securities Inc. (“H2C”), served as the exclusive financial advisor to Mercy Iowa City (“Mercy”) on a year-long, multiphase process to […]

News Release: Newmark Knight Frank Partners with Providence St. Joseph Health to Provide Asset Optimization Strategy for its Non-Acute and Non-Core Assets

News Release: Newmark Knight Frank Partners with Providence St. Joseph Health to Provide Asset Optimization Strategy for its Non-Acute and Non-Core Assets

Looking to optimize its operational efficiency and unlock capital, Providence St Joseph Health has partnered with Newmark Knight Frank (NKF) to sell a selection of non-essential real estate assets located across Alaska, Washington, Oregon, Montana and California. The portfolio of properties comprises medical office, industrial, office assets and vacant land. “Revenue diversification is a key […]

News Release: DZMI taps Transwestern to lease 105,000 SF medical office building

News Release: DZMI taps Transwestern to lease 105,000 SF medical office building

DZmI taps Transwestern to lease 105,000 sf Corpus Christi Medical Tower Transwestern Commercial Services (TCS) today announces it has been retained by David Z. Mafrige Interests (DZMI) to provide leasing services for Corpus Christi Medical Tower, consisting of approximately 105,000 square feet of medical office space at 1521 S. Staples St. in Corpus Christi, Texas. […]

News Release: H2C Advises John Muir Health on Issuance of Series 2018A Fixed-Rate Bonds

News Release: H2C Advises John Muir Health on Issuance of Series 2018A Fixed-Rate Bonds

Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, through its wholly-owned subsidiary H2C Securities Inc. (“H2C”), served as the exclusive financial advisor to John Muir Health (“JMH”), based in Walnut Creek, Calif., in connection with the issuance of $87.025 million in Series 2018A tax-exempt, fixed-rate bonds. JMH retained H2C to advance refund its […]

News Release: Bay Medical Sacred Heart is now part of Ascension’s Sacred Heart Health System

News Release: Bay Medical Sacred Heart is now part of Ascension’s Sacred Heart Health System

Ardent Health Services and Ascension’s Sacred Heart Health System have completed the sale of Ardent’s interest in Bay Medical Sacred Heart to Ascension. The transaction includes the hospital and related physician clinic operations in Panama City and Bay County, Florida. Sacred Heart has announced plans to launch a $47 million project to rebuild facilities and […]

News Release: CNL Healthcare Properties II Announces Agreement to Sell Medical Office Building, Estimated Net Asset Value Per Share

News Release: CNL Healthcare Properties II Announces Agreement to Sell Medical Office Building, Estimated Net Asset Value Per Share

CNL Healthcare Properties II, a non-traded real estate investment trust (REIT) focused on seniors housing and healthcare properties, announced today that it has reached an agreement with HCP Medical Office Buildings, LLC to sell its Mid-America Surgery Center property for $15.4 million. The sale is expected to close in the second quarter of 2019 pending […]

News Release: Amboy Bank Provides $51M Financing for Former NFL Player Turned Developer

News Release: Amboy Bank Provides $51M Financing for Former NFL Player Turned Developer

Amboy Bank, a full-service commercial bank based in Old Bridge, New Jersey, and K Johnson Enterprises, LLC (“K Johnson”), a real estate and business development company founded and led by former NFL player Kevin Johnson, today announced that they have closed on a sequence of construction loans for K Johnson Enterprises, LLC, supplying financing of approximately $51 […]

News Release: AdventHealth brings only inpatient hospital to Winter Garden

News Release: AdventHealth brings only inpatient hospital to Winter Garden

Leaders and community members came together today to break ground on a 100-bed inpatient pavilion at AdventHealth Winter Garden — the only inpatient facility to serve the fast-growing community. The seven-story, approximately 300,000-square-foot building will complement the existing 24-bed emergency room and medical office building on the site at 2000 Fowler Grove Blvd. “West Orange […]