Transactions

News Release: Leading National Healthcare Property Company Acquires $27 Million Rehabilitation Hospital in Texas

News Release: Leading National Healthcare Property Company Acquires $27 Million Rehabilitation Hospital in Texas

THE SANDERS TRUST ACQUIRES $27 MILLION REHABILITATION HOSPITAL IN TEXAS The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, recently announced a $27 million acquisition in Kyle, Texas. Warm Springs Rehabilitation Hospital is a two-story rehabilitation hospital that totals 54,500 rentable square feet and is the only freestanding, licensed rehabilitation hospital in […]

News Release: HFF announces $14.5M financing for two medical office properties in Phoenix

News Release: HFF announces $14.5M financing for two medical office properties in Phoenix

HFF announces financing totaling $14.5 million for 101 Gateway and Paradise Valley Professional, two medical office properties in Phoenix, Arizona. The HFF team worked on behalf of the borrower, Cypress West Partners, to secure two floating-rate acquisition loans through CIT Group Inc.’s Healthcare Finance unit.  A $6.7 million, 36-month loan was arranged for 101 Gateway, […]

News Release: Sold - Banner Health Desert Ridge

News Release: Sold – Banner Health Desert Ridge

JLL is pleased to announce the sale of Banner Health Desert Ridge Phoenix, Arizona The property is a +/- 29,350 SF medical office build-to-suit for Banner Health with great visibility along the Loop 101 and within close proximity to State Route 51. The sale closed on June 6, 2018. Seller: Ryan Companies Buyer: Inland Real […]

News Release: Inland Real Estate Acquisitions Closes on Two MOBs in Arizona

News Release: Inland Real Estate Acquisitions Closes on Two MOBs in Arizona

Inland Real Estate Acquisitions, LLC Closes the Purchase of Two Medical Office Buildings in Arizona Inland Real Estate Acquisitions, LLC announced today that it negotiated and closed the purchase of two Swagel Wootton Hiatt Eye Centers, located in Mesa and Chandler, Arizona, approximately 20 miles east of Phoenix. Matthew Tice, senior vice president of Inland […]

News Release: Cypress West Adds to AZ Portfolio

News Release: Cypress West Adds to AZ Portfolio

Cypress West Partners Acquires 50,040-SquareFoot Phoenix Medical Office Building Rancho Santa Margarita, CA (July 10, 2018) — Cypress West Partners, a Southern California-based healthcare investment, leasing and property management firm, has acquired a class A medical office building in Phoenix in a joint venture with MedProperties Holdings LLC, a national, healthcare-focused real estate private equity firm […]

News Release: Just Sold: BayCare Urgent Care - St. Petersburg

News Release: Just Sold: BayCare Urgent Care – St. Petersburg

Just Sold: We are pleased to announce the sale of this BayCare Urgent Care located at 2331 4th Street North in St. Petersburg, FL. Headed by LJ Tsunis, the team brought four offers to the table, and carried this asset from listing to close in 60 days. This offering gave the investor the opportunity to […]

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News Release: Griffin-American Healthcare REIT IV Acquires Medical Office Building in Grand Junction, Colorado

GRAND JUNCTION, Colo. (July 9, 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 a Class A medical office building in Grand Junction, the largest city in western Colorado, for $31.5 million. Built in 2013, the approximately 83,000-square-foot Grand […]

News Release: ESI Arranges Sale of North Carolina Skilled Nursing Facility for $7.0M

News Release: ESI Arranges Sale of North Carolina Skilled Nursing Facility for $7.0M

Evans Senior Investments (ESI) successfully represented the sale of Gastonia Care and Rehab, a 118-bed skilled nursing facility in North Carolina for $7.0 million, or $59,000 per bed. Located within a tertiary market outside of Charlotte, Gastonia Care and Rehab was operated by a national operator. At the time of the sale, the facility averaged […]

Transactions: Flagler Investment Holdings of Miami acquires MOB near hospital in Delray Beach, Fla.; NKF brokers the sale

Transactions: Flagler Investment Holdings of Miami acquires MOB near hospital in Delray Beach, Fla.; NKF brokers the sale

DELRAY BEACH, Fla. – Miami-based Flagler Investment Holdings recently acquired the 32,520 square foot Delray Medical Office at 4675 Linton Blvd. in Delray Beach, a city along the Atlantic Ocean. According to healthcare real estate (HRE) research firm Revista, the price was $9.75 million, or $295 per square foot (PSF), for the 75 percent occupied […]

News Release: Just Closed :: UCHealth Emergency Room - Littleton

News Release: Just Closed :: UCHealth Emergency Room – Littleton

CBRE U.S. Healthcare Capital Markets acted as the exclusive advisor for the sale of UCHealth Emergency Room in Littleton, Colorado. Sale Date: June 28, 2018 Sale Price: $9,015,000 Price Per SF: $1,213/SF Property Size: 7,430 SF Occupancy: 100% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of UCHealth Emergency Room – Littleton […]

News Release: Inland Real Estate Acquisitions Closes Purchase of Phoenix MOB

News Release: Inland Real Estate Acquisitions Closes Purchase of Phoenix MOB

Inland Real Estate Acquisitions, LLC Closes the Purchase of Phoenix, Arizona Medical Office Building Oak Brook, Ill. (June 29, 2018) – Inland Real Estate Acquisitions, LLC announced today that it negotiated and closed the purchase of the Banner Health Medical Office Building, located in Phoenix, Arizona. Sharon Anderson-Cox, senior vice president of Inland Real Estate […]

News Release: Seattle Based Sono Bello Signs Lease For First Oklahoma Location

News Release: Seattle Based Sono Bello Signs Lease For First Oklahoma Location

OKLAHOMA CITY, OK – June 28, 2018 – Seattle based Sono Bello, a cosmetic surgery company, has signed its first Oklahoma lease for 9,600-square-feet at Memorial Springs Medical Building at 13100 North Western Avenue in Oklahoma City. Susan Jordan and Kelsey Gilbert, with CBRE’s Oklahoma City office, and Brian Biege, with CBRE’s Bellevue, Washington office, […]

News Release: CNL Healthcare Properties announces special committee,  names financial advisors to consider strategic alternatives

News Release: CNL Healthcare Properties announces special committee, names financial advisors to consider strategic alternatives

News Release (ORLANDO, Fla.) June 26, 2018 — CNL Healthcare Properties, a real estate investment trust (REIT) focused on seniors housing and healthcare facilities, announced today that the board of directors has appointed a special committee of its independent board members to evaluate strategic alternatives to provide liquidity to shareholders, and has now named financial […]

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Transactions: Business as usual for Harrison Street

After selling 75% of firm, company resumes it acquisitive ways By John B. Mugford CHICAGO — According to healthcare real estate (HRE) industry sources, it will be business as usual for Harrison Street Real Estate LLC following its recent sale of a 75 percent stake in the company for $450 million to Toronto-based Colliers International Group LLC. […]

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News Release: Saxum Real Estate Acquires Downtown Madison MOB

MADISON, N.J., June 22, 2018 – Saxum Real Estate, a privately-held real estate investment and development firm has added to its growing portfolio with the acquisition of 345 Main St, Madison, NJ. Saxum acquired the property in partnership with two leading physician groups, which will leaseback all remaining vacancy in the building under long-term leases. […]