For Sale: Confidential – Senior Living Facility – Prime San Fernando Valley, CA
Prime San Fernando Valley, California SENIOR LIVING FACILITY Property Overview Purchase Price: $6,495,000 CAP Rate: 7.17% 30-bed facility in the heart of the San Fernando Valley Turn-key investment with strong, in-place income plus significant upside opportunity Invest in one of the fastest growing demographics in LA County – residents over age 60 are expected to […]
News Release: Morgan / Harbour Selected for New Ground-Up Medical Office Building in Romeoville
(Woodridge, Ill.) – Morgan / Harbour is pleased to announce that the firm has been selected to construct a new ground-up, 28,928 square foot medical office building for Presence Health Group. The new Presence Senior Healing Arts Pavilion will be located at 500 S. Weber Road in Romeoville, Illinois. Hammes Company is the project manager […]
News Release: John R. Smelter to Lead Medical Office Team of Marcus & Millichap’s New IPA Office and Industrial Properties Division
Alan L. Pontius will serve as the division’s national director. CALABASAS, Calif., Dec. 7, 2015– Institutional Property Advisors (IPA), a division of Marcus & Millichap Inc. specializing in serving institutional and major private real estate investors, is pleased to announce John R. Smelter will lead the national medical office team of Marcus & Millichap’s new […]
News Release: Just Closed – Marietta Medical Center
The U.S. CBRE Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Marietta Medical Center in Marietta, Georgia. Sale Date: November 20, 2015 Building Size: 100,912 SF Year Built: 1989; Renovated 2012 Occupancy: 92% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Marietta […]
