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
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
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: Tenet Advances Portfolio Transformation and Previews Strong 2023 Results
February 1, 2024 Tenet completes sale of three South Carolina hospitals and announces the sale of four Orange County and Los Angeles County hospitals and related operations. DALLAS–(BUSINESS WIRE)— Tenet Healthcare Corporation (NYSE: THC) today announced that it has completed the sale of three of its hospitals and related operations in South Carolina to Novant […]
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 […]
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 […]
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
– 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
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 […]
News Release: Sunlink Health Systems’ Subsidiary Reaches Revised Agreements for the Sale of Trace Regional Medical Center and Clinics
January 29, 2024 09:26 AM Eastern Standard Time ATLANTA–(BUSINESS WIRE)–SunLink Health Systems, Inc. (NYSE: American: SSY) today announced that its indirect subsidiary, Southern Health Corporation of Houston, Inc. (“Southern”), has reached a revised agreement for the sale of Trace Regional Hospital and three (3) patient clinics in Chickasaw County, MS, (“Trace”) to Progressive Health of […]
News Release: MedProperties Realty Advisors Acquires Two Recently Completed Medical Office/Healthcare Assets in Houston and Venice, Fla.;
Investment Firm is Bullish on Healthcare Real Estate in 2024 Dallas, Texas, January 24, 2024 — Despite the inherent challenges of closing transactions during the capital markets turmoil of 2022 and 2023, MedProperties Realty Advisors, LLC approached market conditions over the past eighteen months as more of a buying opportunity to acquire high quality, best […]
News Release: First Citizens Bank Provides $36.2 Million in Financing for Acquisition of Medical Office Buildings in North Carolina and Washington
JACKSONVILLE, FL— Jan. 25, 2024 — First Citizens Bank today announced that its Healthcare Finance business provided $36.2 million in acquisition financing to Anchor Health Properties to recapitalize three medical office buildings located in Charlotte, North Carolina and Seattle, Washington. Anchor Health Properties acquired these assets directly for its own balance sheet. “We appreciate the […]
News Release: SkyView Advisors Announces First Healthcare Transaction of 2024
For Immediate Release: Growing Commercial Real Estate Firm Sells Lakeland-Winter Haven Medical Office Portfolio Tampa, FL. – January 18, 2024: SkyView Advisors today announced that it has closed its first healthcare transaction of 2024 with the sale of the Lakeland-Winter Haven Medical Office Portfolio. This was the sale of a high quality asset with attractive […]
News Release: Vanbarton Healthcare Group and Tramview Capital Management Close Denver Metro Medical Building, Expanding Portfolio to Over 155,000 Square Feet
FOR IMMEDIATE RELEASE NEW YORK, New York (January 22, 2024) – The healthcare division of Vanbarton Group recently completed the acquisition of a medical campus totaling 23,160 square feet located in Littleton, Colorado. The campus is 100% leased and occupied by Conceptions Reproductive Associates, part of Reproductive Medicine Associates, one of the nation’s leading reproductive […]
News Release: New 160,000 SF medical office sells in Minneapolis-St Paul metro
Press Releases Transwestern Brokers $72M Sale for Hudson Physicians January 17, 2024 MINNEAPOLIS – Transwestern Real Estate Services (TRS) announces the sale of Hudson Medical Center to Hammes Partners, a private investment platform focused exclusively on healthcare real estate. Completed in 2023, Hudson Medical Center is a 160,000-square-foot, multi-specialty medical office building and ambulatory surgery […]