Transactions

News Release: Marcus & Millichap Arranges $7.3 Million Sale of Medical Office Property in Florida

News Release: Marcus & Millichap Arranges $7.3 Million Sale of Medical Office Property in Florida

MIAMI, Feb. 12, 2024 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 3540 N. Pine Island Road, a 16,801-square-foot office property occupied by Steward Medical Group in Sunrise, Florida. The asset sold for $7.3 million, or […]

News Release: First Citizens Bank Provides $37 Million to Refinance Birmingham, AL On Campus Medical Office Building

News Release: First Citizens Bank Provides $37 Million to Refinance Birmingham, AL On Campus Medical Office Building

JACKSONVILLE, FL — Feb. 7, 2024 — First Citizens Bank today announced that its Healthcare Finance business provided $37 million to Rethink Healthcare Real Estate to refinance Grandview Physicians Plaza I, a medical office building located in Birmingham, Alabama. The medical office building spans over 200,000 rentable square feet and is located on the Grandview […]

News Release: Stockdale Capital Partners Acquires Banner Health properties in Phoenix Southeast Valley

News Release: Stockdale Capital Partners Acquires Banner Health properties in Phoenix Southeast Valley

Outpatient clinics in Mesa, Queen Creek, and Gilbert have opportunities for expansion to meet rising demand for outpatient healthcare LOS ANGELES – February 7, 2024 –Stockdale Capital Partners (“Stockdale”), a Los Angeles-based, vertically-integrated real estate investment firm, announced it acquired three Banner Health properties in the Phoenix metro area. The three medical office buildings, located […]

News Release: Medical building portfolio trades for $86M

News Release: Medical building portfolio trades for $86M

JLL Capital Markets facilitates the sale of four medical properties in high-growth markets BOSTON, Feb. 5, 2024 – JLL Capital Markets announced today that it arranged the $86 million sale of a collection of four mission-critical medical properties totalling over 181,000 square feet located in Phoenix, Arizona, Southern Florida and Chicago, Illinois area. JLL worked […]

News Release: First Citizens Bank Provides $22.5 Million for Orlando Ambulatory Surgery Center

06 Feb, 2024, 09:00 ET RALEIGH, N.C. — Feb. 6, 2024 — First Citizens Bank today announced that it has provided $22.5 million in financing for the development of a new outpatient surgery center in Orlando, Florida. The center will have six operating rooms and 23 beds and will provide outpatient surgical services in bariatrics, […]

News Release: Announcement - $15,800,000 Capital for Medical Office Development / Fairfield Advisors

News Release: Announcement – $15,800,000 Capital for Medical Office Development / Fairfield Advisors

(Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, sourced $15,800,000 of capital for the development of a new Medical Office Building and Surgery Center in Hendersonville, NC. which is in the Asheville-area. When completed, the building will be have 3 floors and total 60,000 square feet. A […]

News Release: CareTrust REIT Provides $52 Million in Mezzanine Financings

February 05, 2024 06:01 AM Eastern Standard Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has participated in the origination of over $52 million in mezzanine loans secured by three portfolios of 26 properties comprised of 3,050 skilled nursing beds and 186 assisted living units located in Virginia, Missouri, and California. […]

News Release: BMO Healthcare Real Estate Finance provides a $10.1 Million Term Loan for UDLR Healthcare

News Release: BMO Healthcare Real Estate Finance provides a $10.1 Million Term Loan for UDLR Healthcare

BMO’s Healthcare Real Estate Finance group announces that it has closed on a $10.1 million term loan to an affiliate of UDLR Healthcare (“UDLR”) for its acquisition of a 92,811 square foot medical outpatient building (“MOB”) known as Thunderbird Medical Plaza. The MOB is located on the campus of Banner Health’s 595-bed Thunderbird Medical Center […]

News Release: Anchor Health Properties Arranges 26,000 Square Foot Suite Expansion and Renewed Lease for Major Tenant in Bothell, WA MOB

News Release: Anchor Health Properties Arranges 26,000 Square Foot Suite Expansion and Renewed Lease for Major Tenant in Bothell, WA MOB

FOR IMMEDIATE RELEASE February 2, 2024 (Bothell, WA) Among the largest, non-health system owners and investors of healthcare real estate nationwide, Anchor Health Properties (Anchor), a national, full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently arranged a significant expansion and renewed lease with EvergreenHealth, a public hospital district […]

News Release: Just Financed: Medical Clinic in the Greater Atlanta Metropolitan Area

News Release: Just Financed: Medical Clinic in the Greater Atlanta Metropolitan Area

Just Financed VillageMD Clinic Griffin, GA Berkadia Medical & Life Sciences is pleased to announce the financing of a new medical clinic located in the Greater Atlanta Metropolitan Area on behalf of Montecito Medical Real Estate (Montecito). The purpose-built project encompasses 20,000 square feet and is 100%-leased to VillageMD, a national primary care provider with […]

News Release: United Properties adds Champlin property to senior living portfolio

News Release: United Properties adds Champlin property to senior living portfolio

For Immediate Release Champlin Shores to be rebranded as Amira Choice Champlin MINNEAPOLIS (Feb. 1, 2024) — United Properties announced today its acquisition of Champlin Shores, a senior living community located at 119 E. Hayden Lake Rd. in Champlin, Minnesota. Under its new ownership, the property will be rebranded as Amira Choice Champlin. Operating partner […]

xxx

News Release: Novant Health celebrates long-term investment in South Carolina, welcomes 3 new hospitals

Based in Winston-Salem, North Carolina, Novant Health provides care at 14 medical centers.  NEWS PROVIDED BY Novant Health 01 Feb, 2024, 07:00 ET Acquisition of hospitals in Charleston, Hardeeville and Hilton Head extends Novant Health’s presence into South Carolina WINSTON-SALEM, N.C., Feb. 1, 2024 /PRNewswire/ — Novant Health is building upon its commitment to patients […]

Rendina Healthcare Real Estate Acquires Wellington Medical Arts Pavilion III

News Release: Newmark Arranges Sale of 48,000 Square Foot MOB in Wellington, Florida

FOR IMMEDIATE RELEASE New York, NY (January 31, 2024) — Newmark announces it has facilitated the sale of the Wellington Medical Arts Pavilion III in Wellington, Florida with the deal closing in December of 2023. Newmark Senior Managing Director Jay Miele, Executive Managing Director Ben Appel, and Senior Managing Directors John Nero and Michael Greeley […]

News Release: ESI Arranges the Sale of an AL/MC Community in Iowa

News Release: ESI Arranges the Sale of an AL/MC Community in Iowa

– Evans Senior Investments (ESI) successfully arranged the sale of Country Meadow Place, a 56-unit assisted living and memory care community on behalf of an independent owner. The purchase price amounted to $13,000,000, or $232,142 per unit. The community was originally built in 1985 as a 36-unit memory care community. In 2013, Country Meadow was […]

News Release: Investor acquires 19-acre site in Los Angeles area for $30 million; will develop a luxury senior housing community

News Release: Investor acquires 19-acre site in Los Angeles area for $30 million; will develop a luxury senior housing community

JLL represented the seller in the transaction LOS ANGELES, January 31, 2024 – JLL announced today that California Commercial Investment Group has acquired a 19-acre site adjacent to the iconic Motion Picture & Television Fund campus in Woodland Hills, California for $30 million. California Commercial Investment Group will develop a luxury senior living life cycle […]