Transactions

News release: Capital One Closes $30.5 Million Loan for Acquisition of Michigan Medical Office Building

Bethesda, Md. (March 22, 2017) – Capital One announced today that it served as the administrative agent for a $30.5 million loan for the acquisition of a 107,000-square-foot, medical office building in Grand Rapids, Mich. The principal is Carter Validus Mission Critical REIT II, which was formed in 2013 to invest in high-quality data centers and […]

News Release: Griffin-American Healthcare REIT IV Acquires Class A Medical Office Building in Reno, Nevada

NEWS PROVIDED BY American Healthcare Investors, LLC Mar 17, 2017, 15:00 ET RENO, Nev., March 17, 2017 /PRNewswire/ — 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 Reno Medical Office Building (commonly known as Saint Mary’s Center for Health), an […]

Thought Leaders: HH2C Q4 MOB Report: Large Portfolio Activity Drives 2016 Transaction Volume

Hammond Hanlon Camp LLC Fourth Quarter Medical Office Building Report:  Large Portfolio Activity Drives 2016 Transaction Volume posted on March 14, 2017 NEW YORK — Investor appetite remained strong for medical office buildings in 2016 with a total of $8.5 billion in reported transaction volume.  It was a year marked by large portfolio sales, fueled by institutional capital. […]

News Release: Griffin-American Healthcare REIT IV Acquires Medical Office Building in Battle Creek, MI

NEWS PROVIDED BY American Healthcare Investors, LLC Mar 13, 2017, 16:30 ET BATTLE CREEK, Mich., March 13, 2017 /PRNewswire/ — 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 Battle Creek Medical Office Building, an approximately 46,000-square-foot property located on 7.34 acres […]

Gresham Station Medical Plaza, Portland, Ore. (Photo courtesy of HFF)

News Release: HFF Sold: Gresham Station Medical Plaza In Portland, Oregon

Announcing the closing of Gresham Station Medical Plaza, Portland, Ore. Adventist Health-anchored value-add medical office building in the bustling Portland MSA Closed: February 2017 Sale Price: $23.5 million Size: 100,419 square feet Major Tenants: Adventist Health, Providence Health &Services, DaVita Broker: HFF Healthcare Capital Markets    

Hanley Investment Group recently arranged the sale of Arcadia Gateway Center, a 156,046-square-foot, mixed-use commercial center comprised of retail, medical and office buildings in Arcadia, Calif. (Photo courtesy of Hanley Investment Group )

News Release: Hanley Investment Group arranges sale of 156,000 sf mixed-use retail center for $62 million in Arcadia, Calif.

Posted on February 24, 2017 Retail, Office and Medical Complex Sells for Nearly 98% of Asking Price CORONA DEL MAR, CALIF. – Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in investment property sales, announced today that the firm arranged the sale of Arcadia Gateway Center, a 156,046-square-foot, […]

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News Release: HFF closes $17 million sale of Philadelphia medical office portfolio anchored by Thomas Jefferson University Hospital

PHILADELPHIA, PA – February 21, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $17 million sale of two medical office buildings totaling 86,000 square feet and anchored by Thomas Jefferson University Hospital (Moody’s, A2) in Philadelphia, Pennsylvania. HFF marketed the properties on behalf of an affiliate of George Comfort […]

News Release: Steward Health Care to Acquire Eight Hospitals from Community Health Systems

News Release: Steward Health Care to Acquire Eight Hospitals from Community Health Systems

NEWS PROVIDED BY Steward Health Care System Feb 16, 2017, 16:15 ET BOSTON, Feb. 16, 2017 /PRNewswire/ — Steward Health Care System (“Steward”) today announced it has signed an Asset Purchase Agreement to acquire eight community hospitals affiliated with Community Health Systems (“CHS”). The transaction is expected to close in the second quarter of 2017, subject […]

55-bed Northside Medical Center in Youngstown, Ohio, is one of the eight hospitals being sold. (photo courtesy of Robins & Morton)

News Release: Community Health Systems Announces Definitive Agreement to Divest Eight Hospitals – Three in Florida, Three in Ohio and Two in Pennsylvania

FRANKLIN, Tenn.–(BUSINESS WIRE)–Feb. 16, 2017– Community Health Systems, Inc. (NYSE:CYH) announced today that subsidiaries of the Company have signed a definitive agreement to sell eight hospitals and their associated assets to subsidiaries of Steward Health Care LLC. Facilities included in the transaction are 119-bed Wuesthoff Health System-Melbourne in Melbourne, Fla.; 298-bed Wuesthoff Health System-Rockledge in […]

News Release: Medical Office Sales at Near Record in 2016

News Release: Medical Office Sales at Near Record in 2016

JLL research reports that medical office sales in 2016 were $7.64 billion, the second highest year on record, following the breakout year of 2015 with $9.03 billion in sale volume. Sales Highlights Key Points: Sales of medical office buildings and outpatient care facilities exceeded all prior years except for 2015, providing solid support to the […]

Based on trans. of $2.5M+ (excludes entity-level and partial-interest sales)

Thought Leaders: Marcus & Millichap Medical Office Research National Report “2017 Outlook”

Generational Differences Driving Growth, Advancement in Today’s Medical Office Market Generational cohorts create diverging trends in healthcare. The aging U.S. population, combined with emerging differences in the way generations process healthcare information, have been signifi cant drivers in the nation’s healthcare industry. As the 65-and-older age segment increases by 20 million individuals over the next 10 years, demand for healthcare services […]

Key-Whitman Eye Center, Dallas (Photo courtesy of Key-Whitman Eye Center)

News Release: Just Sold: Key-Whitman Eye Center

The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Key-Whitman Eye Center in Dallas, Texas. Sale Date: January 30, 2017 Building Size: 35,709 SF Occupancy: 100% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Key-Whitman Eye Center (the “Property”) in Dallas, Texas. Lee Asher and Chris Bodnar of […]

News Release: MedEquities Realty Trust Makes $12.5 Million Investment In Acute Care Surgical Hospital In Houston

News Release: MedEquities Realty Trust Makes $12.5 Million Investment In Acute Care Surgical Hospital In Houston

NEWS PROVIDED BY MedEquities Realty Trust, Inc. Feb 07, 2017, 06:30 ET NASHVILLE, Tenn., Feb. 7, 2017 /PRNewswire/ — MedEquities Realty Trust, Inc. (NYSE: MRT) announced it has made a $12.5 million investment in an acute care surgical hospital in Houston, Texas. The investment is in the form of a newly originated interest-only loan with […]

Foster City Medical Pavilion in Foster City, Calif. (Photo courtesy of CBRE)

News Release: Just Sold: Foster City Medical Pavilion

Just Closed: Foster City Medical Pavilion The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Foster City Medical Pavilion (the “Property”) in Foster City, California. Chris Bodnar and Lee Asher of the CBRE  U.S. Healthcare Capital Markets Group partnered with Seth McKinnon and Scott Prosser in the Northern California market to act […]

Thought Leaders: Colliers International Releases 2017 Health Care Marketplace Report

Thought Leaders: Colliers International Releases 2017 Health Care Marketplace Report

Despite Record Occupancy, Areas of Uncertainty Remain for Health Care Overall, 2016 was a year of expansion for health care real estate in the United States. The national vacancy rate for medical office buildings (MOB) hit an all-time low. Net absorption of MOB space was the highest since 2008 while average rents grew. Investment activity—while down slightly from 2015—remained strong […]