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In June, ProMed Properties announced that it had agreed to pay $53.3 million for five adjacent MOBs totaling about 189,000 square feet in Westchester, N.Y. Now the firm plans to add a sixth building, pictured above.
Rendering courtesy of ProMed Properties

Company Profile: ProMed is sticking to a familiar model

GAZIT SAYS THAT WHAT WORKS FOR RETAIL AND SENIORS WILL WORK FOR MOBs By Murray W. Wolf Can lightning strike a third time for the giant Israeli real estate investment trust (REIT) Gazit-Globe Ltd.? As of September, Gazit Globe (Tel Aviv Stock Exchange: GLOB) and its subsidiaries owned 656 properties totaling 5.6 million square feet […]