Transactions

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News Release: Montecito Medical Acquires North Carolina Medical Office Building

Montecito Medical Real Estate, recently announced the acquisition of North Carolina Eye, Ear, Nose, & Throat medical office building, a long-established and leading provider in Durham, North Carolina. For Montecito, a premier owner of medical office properties across the United States, this transaction represents the seventh acquisition of 2018. The two-story, 34,106 square-foot building is 100 […]

News Release: Deal Announcement (CRE) | BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of $12 Million Credit Facility

News Release: Deal Announcement (CRE) | BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of $12 Million Credit Facility

BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of $12 Million Credit Facility for a Joint Venture advised by Heitman and managed by Montecito Medical Operating Company. BMO Harris Bank’s Healthcare Real Estate Finance group announced that it acted as the administrative agent and sole lead arranger on a […]

News Release: Investment Property Activity

News Release: Investment Property Activity

Just sold: EASTVIEW PROFESSIONAL BUILDING, 1370 116th Ave NE, Bellevue, WA 98004 Canyon Park Office Center is a 42,590 SF 3-story steel-framed office building where the first floor is dedicated to covered parking. The Property, featuring a brick-clad exterior, was built in 1990, and is currently 77.6% leased to 13 tenants ranging in size from 1,129 SF […]

News Release: Capital Square 1031 Acquires Portfolio of Nine Medical Office Buildings in Five States

News Release: Capital Square 1031 Acquires Portfolio of Nine Medical Office Buildings in Five States

Buildings are 100 percent leased for 15 years to local operators of Fresenius Medical Care, an industry-leading provider of dialysis services and products+ Capital Square 1031, a leading real estate investment and management firm specializing in Delaware statutory trust offerings, announced today its acquisition of a portfolio of nine medical office buildings located in five […]

News Release: NKF Capital Markets Orchestrates $11.5 Million Transaction of Blue Hills Medical Center

News Release: NKF Capital Markets Orchestrates $11.5 Million Transaction of Blue Hills Medical Center

Jumbo Capital Management Sells Suburban Boston Medical Office Building to Novaya Real Estate Ventures NKF Capital Markets has successfully completed the sale of Blue Hills Medical Center in Braintree, Massachusetts to Novaya Real Estate Ventures for $11.55 million. On behalf of Jumbo Capital Management, NKF Capital Markets Executive Managing Director Frank Nelson and Managing Director […]

News Release: Montecito Medical Acquires Another Georgia Medical Office Building

News Release: Montecito Medical Acquires Another Georgia Medical Office Building

Montecito Medical Acquires Medical Office Building and Surgery Center in Georgia Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has acquired the Pinnacle Orthopaedics Center, a Class A medical office and surgery center from a leading orthopedic provider in Woodstock, Georgia, approximately 30-miles north of downtown Atlanta and part of […]

News Release: Flagship Healthcare Properties Announces Private REIT

News Release: Flagship Healthcare Properties Announces Private REIT

Flagship Healthcare Properties, LLC (“FHP”) is pleased to announce the launch of Flagship Healthcare Trust (“Flagship REIT”), a private Real Estate Investment Trust that owns clinical healthcare assets in the United States. Flagship REIT comes to market with interests in more than 30 healthcare properties and a market value over $250 million. Flagship REIT plans […]

News Release: IRA Capital adds three Medical Office Buildings totaling 117,000 SF to its Healthcare Portfolio

News Release: IRA Capital adds three Medical Office Buildings totaling 117,000 SF to its Healthcare Portfolio

Katy Medical Arts Fletcher Medical Center Northwest Cardiology MOB IRVINE, CA., May 2, 2018 – Irvine-based IRA Capital has announced the acquisition of three medical office properties totaling 117,000 square feet. One of the buildings is located in the greater Houston market, and two of the buildings are located in the greater Chicago market. Katy […]

News Release: Griffin-American Healthcare REIT IV Acquires Medical Office Building Near Phoenix

News Release: Griffin-American Healthcare REIT IV Acquires Medical Office Building Near Phoenix

SURPRISE, Ariz. (May 2, 2018) – American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired Surprise Medical Office Building, located in the Phoenix suburb of Surprise, Arizona, for $11.7 million. Built in 2012, the approximately 34,000-square-foot Surprise Medical Office Building is […]

News Release: BMO Harris Healthcare Real Estate Finance acts as Sole Lender of $18.98 Million Facility for Rendina Healthcare Real Estate

News Release: BMO Harris Healthcare Real Estate Finance acts as Sole Lender of $18.98 Million Facility for Rendina Healthcare Real Estate

BMO Harris Bank’s Healthcare Real Estate Finance group announced that it closed an $18.98MM construction loan for the development of a three-story, 61k sq. ft., ambulatory care center in downtown Bristol, CT.  The Property is 100% leased to Bristol Hospital Multi-Specialty Group Inc., a subsidiary of Bristol Hospital, Inc. The facility will include a diabetic […]

News Release: Welltower Reports First Quarter 2018 Results

News Release: Welltower Reports First Quarter 2018 Results

Welltower Inc. (NYSE: WELL) today announced results for the quarter ended March 31, 2018. For the quarter, we generated net income attributable to common stockholders of $1.17 per share and normalized FFO attributable to common stockholders of $0.99 per share. Quarterly Highlights Delivered $137 million of pro rata development projects with an expected stabilized yield of 9.3% Funded $476 million in pro-rata new property acquisitions at […]

News Release: ProMedica Health System to Acquire HCR ManorCare Redefining Care for Seniors

News Release: ProMedica Health System to Acquire HCR ManorCare Redefining Care for Seniors

ProMedica Health System to Acquire HCR ManorCare Redefining Care for Seniors – Welltower and ProMedica enter into Joint Venture that will propel ProMedica to be in the top 15 largest U.S. Health Systems – First, of its kind partnership spans the full spectrum of care, including wellness, skilled nursing, memory care, assisted living, hospice and […]

News Release: ProMedica Health System And Welltower To Acquire Quality Care Properties In Newly Formed Joint Venture

News Release: ProMedica Health System And Welltower To Acquire Quality Care Properties In Newly Formed Joint Venture

ProMedica (A1/A+) to Acquire QCP Principal Tenant, HCR ManorCare, and Enter Into New 15-Year Lease With Welltower and ProMedica Property Joint Venture (80/20) with 1.8x EBITDAR Coverage ~8% Yielding $2.2 Billion Investment at Welltower Share Investment Expected To Provide ~$0.20 Per Share Annual Accretion to Welltower(1) Joint Venture to Propel ProMedica to be in the […]

News Release: HFF announces $5.979M sale of Aurora Health Center in Milwaukee, WI

News Release: HFF announces $5.979M sale of Aurora Health Center in Milwaukee, WI

CHICAGO, IL – April 24, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $5,979,000 sale of Aurora Health Center, a 25,466-square-foot medical office building in Milwaukee, Wisconsin. The HFF team marketed the property on behalf of the seller, Atkins Companies, and procured the buyer, Healthcare Trust Inc. Completed in 2000, Aurora Medical Center is […]

News Release: HFF announces $5.979M sale of Aurora Health Center in Milwaukee, Wisconsin

News Release: HFF announces $5.979M sale of Aurora Health Center in Milwaukee, Wisconsin

Holliday Fenoglio Fowler, L.P. (HFF) announces the $5.979 million sales of Aurora Health Center, a 25,466-square-foot medical office building in Milwaukee, Wisconsin. The HFF team marketed the property on behalf of the seller, Atkins Companies, and procured the buyer, Healthcare Trust Inc. Completed in 2000, Aurora Medical Center is a multi-specialty outpatient facility and surgical […]