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Grand Palms Assisted Living and Memory Care is a provider of long-term care and rehabilitation services in Orlando, Fla.

News Release: Capital One Closes $162.5 Senior Secured Credit Facility for Palm Garden Healthcare

Bethesda, Md.  (October 24, 2016) – Capital One announced today that it served as sole lead arranger and administrative agent for a $162.5 million senior secured credit facility consisting of a real estate term loan, a capex line of credit and an asset-based revolver. Palm Garden Healthcare, the borrower, owns 14 skilled nursing facilities and an […]

News Release: Marcus & Millichap Arranges the Sale of a 11,000-Square Foot Net-Leased Property

News Release: Marcus & Millichap Arranges the Sale of a 11,000-Square Foot Net-Leased Property

AURORA, OH, December 1, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of The UH Walden Health Center, a 11,000-square-foot, net-leased property located in Aurora, OH. According to Michael L. Glass, regional manager of the firm’s […]

Tarzana Professional Center, Tarzana, Calif.(Photo courtesy of Marcus & Millichap)

News Release: Marcus & Millichap sells San Fernando Valley office and medical campus for $32 million

TARZANA, Calif., Oct. 20, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of the Tarzana Professional Center, an office and medical campus consisting of approximately 160,345 rentable square feet in Tarzana, California. The $32 million sales price […]

News Release: Just Closed - 1720 El Camino Real

News Release: Just Closed – 1720 El Camino Real

The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of 1720 El Camino Real in Burlingame, California. Sale Date: October 5, 2016 Sale Price: $28,500,000 Price Per SF: $312 Building Size: 91,396 SF Occupancy: 91% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of […]

Built in 2001, the Class A property consists of 73,997 rentable square feet across three floors and is situated directly adjacent to Sentara Martha Jefferson Hospital and within the Peter Jefferson Place office park.  (Photo courtesy of CBRE)

News Release: Just Closed – Peter Jefferson Place Medical Center

The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Peter Jefferson Place Medical Center in Charlottesville, Virginia. Sale Date: September 22, 2016 Building Size: 73,997 SF Occupancy: 100% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Peter Jefferson Place Medical Center (the “Property”) in Charlottesville, […]

Doctors Professional Building is on the campus of Doctors Community Hospital in Lanham, Md. (Photo courtesy of NexCore Group)

News Release: Just closed – Doctors Community Hospital Professional Office Building

The transaction involved the investment sale of Doctors Professional Building located on the Doctors Community Hospital campus in Washington, D.C. The JLL Healthcare Capital Markets Group is pleased to announce the sale of Doctors Professional Building, a 100% leased, 64,261 square-foot, Class A medical office building located on the campus of Doctors Community Hospital in […]

Developed and owned by NexCore Group, the new Women’s Care Florida (WCF) women’s health center will bring imaging and high-level surgical services to the Westshore area of Tampa, Fla. (Photo courtesy of NexCore Group)

News Release: NexCore to break ground on Women’s Care Florida women’s health center in Tampa

New three-story, 63,289 square foot WCF hub to provide high-level women’s ambulatory surgery, imaging and patient counseling services in high growth area of Tampa TAMPA, Fla., and DENVER, Oct. 18, 2016 – The Westshore District is the largest commercial market in the Tampa Bay region and the center of activity not only for the region […]

Inova Loudoun II was purchased by Healthcare Realty Trust. (Photo courtesy of Avison Young)

News Release: Avison Young negotiates sale of Inova Loudoun II medical office building in Leesburg, VA

Washington, DC – Avison Young, the world’s fastest-growing commercial real estate services firm, announced today the sale of Inova Loudoun II, a 103,500-square-foot (sf) class A medical office building located on the campus of Inova Loudoun Hospital at 44035 Riverside Parkway in Leesburg, Virginia. Avison Young Principals Jim Kornick, Chip Ryan, Mike Wilson, Erik Foster […]

The Magnolia Medical Tower in Fort Worth, Texas, recently changed hands. (Photo courtesy of CBRE)

News Release: Just Closed – Magnolia Medical Tower

The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Magnolia Medical Tower in Fort Worth, TX. Sale Date: September 21, 2016 Portfolio Size: 89,991 SF Occupancy: 72.9% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Magnolia Medical Tower (the “Property”) […]

Ridgeline Capital Partners has sold the Midtown Medical office building. (Photo courtesy of Ridgeline Capital Partners)

News Release: Ridgeline sells Midtown Medical office building for $19.2 million

Ridgeline Capital Partners has sold the Midtown Medical office building, a 57,905 SF building that is 95% occupied and located at 900 Jerome Street in Fort Worth. The building was bought by a private investor for $19,200,000. The property is in the center of the medical district in close proximity to Baylor All Saints Medical […]

News Release:  378 healthcare REIT properties threatened by Hurricane Matthew

News Release: 378 healthcare REIT properties threatened by Hurricane Matthew

More than 10,000 REIT-owned properties lie in the wider path of Hurricane Matthew, with the bulk comprising homes owned by single-family REITs. The now-Category 3 hurricane approached Florida’s east coast early Friday morning and began moving north just offshore, with reported wind gusts around 100 miles per hour. Current projections show the storm heading up […]

The 45,000-square-foot, three-story expansion of UNC REX Healthcare of Holly Springs MOB will be leased by UNC REX Hospital and is expected to be completed in December 2017. (Rendering courtesy of Duke Realty)

News Release: Duke Realty breaks ground for next phase of UNC REX Healthcare campus in Raleigh area

Three-story, 45,000-square-foot expansion at provider’s Holly Springs, N.C., campus will more than double the size of the medical office building the development firm opened in 2011 HOLLY SPRINGS, N.C., and INDIANAPOLIS, Oct. 5, 2016 – The first collaboration between Duke Realty and UNC REX Healthcare brought convenient, high-quality healthcare services to the citizens of Holly […]

Indrajit Obeysekere

News Release: Meridian Hires Senior Healthcare Real Estate Executive Indrajit Obeysekere as VP of Client Services

Meridian Hire Enhances Client Services Function of its Industry-Leading Healthcare Division SAN RAMON, CALIF. – Meridian, a full service real estate developer specializing in acquiring and developing real estate facilities for the healthcare sector, announced today that senior healthcare executive Indrajit Obeysekere has been hired as vice president of client services. Obeysekere will play a […]