Transactions

News Release: MedProperties and Equity form JV, acquire 32,987 square foot Lakeside Professional Building

News Release: MedProperties and Equity form JV, acquire 32,987 square foot Lakeside Professional Building

The 93 percent leased, multi-tenant medical building near Austin, Texas, boasts ideal location, strong tenancy, excellent sponsor relationship, immediate cash flow and expansion potential Some real estate acquisitions just have it all – every benefit a company could want. That’s the case with MedProperties’ and Equity’s acquisition of the 32,987 square foot Lakeside Professional Building […]

News Release: BGL Real Estate Partners Announce the Sale of St. Mary’s of Michigan Medical Office Building

News Release: BGL Real Estate Partners Announce the Sale of St. Mary’s of Michigan Medical Office Building

BGL Real Estate Partners (BGLREP), a division of Brown Gibbons Lang & Company (BGL), is pleased to announce the real estate sale of St. Mary’s of Michigan Medical Office Building. BGLREP’s National Healthcare Real Estate Group served as the exclusive advisor to the seller in the transaction. St. Mary’s of Michigan Medical Office Building (“the […]

News Release: HFF announces financing for a 5-building mixed-use medical and office campus in Houston

News Release: HFF announces financing for a 5-building mixed-use medical and office campus in Houston

Holliday Fenoglio Fowler, L.P. (HFF) announces financing for a mixed-use medical and office campus totaling five buildings and 505,000 square feet in the Bellaire submarket of Houston, Texas. The HFF team worked on behalf of the borrower, Norvin Healthcare Properties, to secure acquisition loans for the campus.  Erik Tellefson at Capital One provided financing for […]

News Release: Carter Validus Mission Critical REIT II, Inc. Acquires Approximately $73 Million in Healthcare and Data Center Real Estate in the Month of December 2017

News Release: Carter Validus Mission Critical REIT II, Inc. Acquires Approximately $73 Million in Healthcare and Data Center Real Estate in the Month of December 2017

Such acquisitions, added approximately 246,000 rentable square feet to CV Mission Critical REIT II’s portfolio Carter Validus Mission Critical REIT II, Inc. (“CV Mission Critical REIT II”), a non-traded real estate investment trust focused on assembling a portfolio of high-quality data center and healthcare real estate, acquired properties during December 2017 for an aggregate contract […]

News Release: Just Closed: Pin Oak Portfolio, Houston, Texas

News Release: Just Closed: Pin Oak Portfolio, Houston, Texas

The JLL Healthcare Capital Markets Group is pleased to announce the sale of the Pin Oak Portfolio, a 504,609 square foot medical office park in Houston, Texas. The five properties are highly visible along the 610 West Loop and strategically located three miles west of the Texas Medical Center and two minutes from the Southwest […]

News Release: Norvin Healthcare Properties acquires Pin Oak medical and office complex in Bellaire, Texas

News Release: Norvin Healthcare Properties acquires Pin Oak medical and office complex in Bellaire, Texas

Acquisition of five-building, 505,000 square foot office park reaffirms the company’s long-standing commitment to healthcare in the Greater Houston area Norvin Healthcare Properties closed Jan. 19, 2018, on the acquisition of the Pin Oak complex in Bellaire, Texas, reaffirming the company’s 20-year commitment to serving the healthcare community in Greater Houston. With the acquisition of […]

News Release: Just Closed: Community Health / Kindred Rehabilitation Hospital Construction Financing

News Release: Just Closed: Community Health / Kindred Rehabilitation Hospital Construction Financing

The JLL Healthcare Capital Markets Group is pleased to announce the closing of the construction/mini-perm financing of a 44-bed, full-service rehabilitation hospital for PMB in Greenwood, Indiana.  Synovus Bank provided the financing for the facility.  The 53,560 rentable square foot inpatient rehabilitation hospital, Community Health Network Rehabilitation Hospital South, is a joint venture between Kindred […]

News Release: Plaza Companies Breaks Ground on Estrella Medical Plaza II With Nearly Half of Class A Facility Pre-Leased

News Release: Plaza Companies Breaks Ground on Estrella Medical Plaza II With Nearly Half of Class A Facility Pre-Leased

64,000-square-foot, modern medical space expected to open in December The West Valley  medical office market is about to get a new star. Plaza Companies has secured two new leases totaling over 23,000 square feet for Estrella Medical Plaza II, and recently broke ground on the building on the growing Banner Estrella Medical Campus, located at […]

News Release: Capital One Closes More Than $1 Billion Unitranche Commitments in 2017

ULTra Program Now Open to Borrowers for Leveraged Financings across Industries Just one year after its initial launch, Capital One announced today that its unitranche loan program, ULTra, closed more than $1 billion in commitments to borrowers in the healthcare industry in 2017.  The program, with HPS Investment Partners as its strategic co-investor, helps borrowers […]

News Release: Just Closed :: CityPlace 5 Medical Office Building

News Release: Just Closed :: CityPlace 5 Medical Office Building

The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the CityPlace 5 Medical Office Building in Creve Coeur, Missouri. Sale Date: January 22, 2018 Sale Price: $21,825,000 Price Per SF: $265 Property Size: 82,280 SF Occupancy: 90.1% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the […]

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News Release: Inland Real Estate Acquisitions Closes Purchase of a Salt Lake City MOB

Inland Real Estate Acquisitions, LLC Closes the Purchase of a Medical Office Building in Salt Lake City Oak Brook, Ill. (January 29, 2018) – Inland Real Estate Acquisitions, LLC announced today that it negotiated and closed the purchase of a 29,702-square-foot medical office building located in Salt Lake City. Matthew Tice, senior vice president of […]

News Release: PR: FLAGSHIP HEALTHCARE PROPERTIES SELLS VIRGINIA MEDICAL OFFICE BUILDING

News Release: PR: FLAGSHIP HEALTHCARE PROPERTIES SELLS VIRGINIA MEDICAL OFFICE BUILDING

FLAGSHIP HEALTHCARE PROPERTIES SELLS VIRGINIA MEDICAL OFFICE BUILDING Owners Flagship Healthcare Properties (“Flagship”), together with Drake Real Estate Partners (“Drake”), have sold Lee’s Hill Medical Plaza, a class “A” medical office building and free-standing emergency department located at 10401 Spotsylvania Avenue in Fredericksburg, Virginia. The ±72,255 square foot medical office building (“MOB”) is anchored by […]

News Release: CIT closes on CommuniCare credit facility

News Release: CIT closes on CommuniCare credit facility

CIT Healthcare Closes on $136.9 Million Credit Facility for CommuniCare Proceeds provide working capital, finance acquisition of 10 skilled nursing facilities CIT Group Inc. (NYSE: CIT), a leading provider of commercial lending and leasing services, today announced that its Healthcare Finance business has closed a $136.9 million senior secured credit facility for CommuniCare Health Services […]

News Release: Avison Young Arranges Sale of Medical Office Building in Virginia

News Release: Avison Young Arranges Sale of Medical Office Building in Virginia

72,255-SF Class A building is anchored by the Mary Washington Healthcare System in Fredericksburg Avison Young announced today that it has arranged the sale of a 72,255-square-foot, Class A medical office building in Fredericksburg, Va. Lee’s Hill Medical Plaza, anchored by the Mary Washington Healthcare System & Radiologic Associates of Fredericksburg, has been purchased from the […]

News Release: Carter Validus Mission Critical REIT II, Inc. Completes $398 Million in Healthcare and Data Center Acquisitions in First Half of 2017

Press Release July 17, 2017 TAMPA, Fla.–Carter Validus Mission Critical REIT II, Inc. (“CV Mission Critical REIT II”), a non-traded real estate investment trust focused on assembling a portfolio of high-quality data center and healthcare real estate, acquired assets during the first half of 2017 for approximately $398 million in aggregate contract purchase price, excluding […]