News Release: CNL Healthcare Properties Sees Significant Income Gains Across Its Portfolio
With opening of new developments, REIT focused on maximizing property performance (ORLANDO, Fla.) Sept. 14, 2017 — CNL Healthcare Properties, a non-traded real estate investment trust (REIT) invested in seniors housing and healthcare properties, continues its focus on maximizing operating performance across its portfolio and completing its most recent expansion project. Reflecting these efforts, the […]
News Release: Capital One Provides Balance Sheet and Agency Loans Totaling $551 Million to Kayne Anderson for Sentio Purchase
Bethesda, Md. (September 13, 2017) – Capital One announced today that is has provided two loans—a $251 million bridge loan and a $300 million Freddie Mac seniors housing revolving credit facility—to Kayne Anderson Real Estate Advisors (KAREA), enabling it to purchase Sentio Healthcare Properties, a public, nontraded REIT. “Capital One Healthcare’s deep industry expertise, access to […]
News Release: Meridian Buys Historic Grunow Memorial Medical Center in Phoenix
Purchase Represents Meridian’s First Major Transaction Outside of California PHOENIX, Ariz. – Meridian, a full-service commercial real estate developer based in California, is pleased to announce the purchase of Grunow Memorial Medical Center, a landmark 51,150-square-foot two-story medical office building located at 926 East McDowell Road in Phoenix, Arizona. The seller was PacVentures, a real […]
News Release: Marcus Partners Sells Cross Street Medical Center
9/11/17 Newmark Knight Frank (NKF) has successfully represented Marcus Partners in the sale of Cross Street Medical Center at 40 Cross Street in Norwalk, Connecticut to Anchor Health Properties for $23 million. Executive Managing Director Frank Nelson, Senior Managing Director Michael Greeley and Director Danielle DeMarco of NKF’s Boston Medical-Academic Practice Group, which is led by […]
News Release: Strawberry Fields REIT Acquires A Rehabilitation and Nursing Facility for $21.8 Million
SOUTH BEND, Ind.—September 11, 2017—Strawberry Fields REIT LLC (Strawberry Fields), an owner and lessor of nursing homes, long-term acute care hospital facilities and medical office buildings in the Midwestern and Southern U.S., today announced it has acquired a rehabilitation and nursing facility for $21.8 million. This acquisition was financed with a $15 million loan from […]
News Release: Sold – Grunow Memorial Medical Center
Contact Information Alexandra J. Loye Principal 602.625.4220 alexandra.loye@avisonyoung.com Julie A. Johnson, CCIM Principal 602.684.8558 julie.johnson@avisonyoung.com
News Release: Executed Purchase and Sale Agreements Totaling $166.0 Million
MILWAUKEE–(BUSINESS WIRE) – Physicians Realty Trust (NYSE: DOC) (the “Company,” the “Trust,” “we,” “our,” “us,” and “DOC”), a self-managed healthcare real estate investment trust, is announcing that the Company has completed acquisitions of eight medical office facilities since June 30, 2017. The facilities represent approximately 417,753 square feet with a total purchase price of $129.7 […]
News Release: Meridian Buys 51,150 SF Landmark Medical Office Building in Phoenix
Purchase Represents Meridian’s First Major Transaction Outside of California PHOENIX, Ariz. – Meridian, a full-service commercial real estate developer based in California, is pleased to announce the purchase of Grunow Memorial Medical Center, a landmark 51,150-square-foot two-story medical office building located at 926 East McDowell Road in Phoenix, Arizona. The seller was PacVentures, a real […]
News Release: Max Burcham Joins Snyder Langston as Project Executive
Los Angeles, CA (September 8, 2017) – Snyder Langston, a Southern California-based master builder, has announced the addition of Max Burcham as Project Executive, reinforcing the firm’s Healthcare group and its Los Angeles market presence. Burcham brings three decades of industry experience to his role, with an especially strong background in healthcare construction. Prior to […]
News Release: Just Sold – Long Beach Medical Office Trades to Private Investor
Transaction Summary CBRE’s Investment Properties-So Cal team is pleased to announce the sale of 3530 Atlantic Avenue located in Long Beach, CA at a price of $4,055,800.The 26,039 SF medical office building was 78.5% leased to 6 tenants and traded at an in-place 4.95% cap rate and a stabilized 6.50% cap rate. Mark Shaffer, Doug […]
News Release: Expert panel scheduled to discuss current healthcare real estate market environment
Trends in medical office building cap rates, pricing, competition, capital, construction costs and more will be examined at InterFace Healthcare Real Estate in Dallas Sept. 14 MINNEAPOLIS and DALLAS, Sept. 8, 2017 – The only constant in healthcare real estate (HRE) is change, so it makes sense for HRE professionals to stay well informed about […]
News Release: Just Closed – Medical Office Complex in Houston Metro
The JLL Healthcare Capital Markets Group is pleased to announce the sale of Sugar Land Medical Pavilion, a medical office complex consisting of three multi-tenant medical office buildings in the desirable Sugar Land submarket of Houston, Texas. The properties are strategically situated within five miles of three hospital campuses with anchor tenants including The University […]
News Release: Raymond James serves as Financial Advisor to Hackensack Meridian Health on its $1.7B Comprehensive Debt Restructuring including its $589M Series 2017A Tax-Exempt Bonds and $300M Series 2017 Taxable Bonds
Background On July 1, 2016, Hackensack University Health Network, Inc. and Meridian Health System, Inc. merged to form Hackensack Meridian Health, Inc. (the “Network”). The Network is comprised of 13 hospitals, various physician practices, more than 120 ambulatory care centers, surgery centers, home health services, long-term care and assisted living communities, inpatient and outpatient behavioral […]
News Release: Capital One Closes $68 Million Loan for San Diego Medical Office Building Portfolio
Bethesda, Md. (September 7, 2017) – Capital One announced today that it provided a $68 million loan for the acquisition of two campus-adjacent outpatient medical office buildings by Anchor Health Properties in the La Jolla/UTC submarket of San Diego. The properties total 206,000 square feet. The funding will also support future tenant improvements and leasing […]
News Release: The Harman Group Celebrates the Grand Opening of the St. Barnabas Medical Center’s West Wing Expansion
The Cooperman Family Pavilion Brings New State-of-the-Art Facilities to the Award-winning Hospital Livingston, NJ (September 7, 2017) – The Harman Group, a firm specializing in structural engineering and parking planning and design services, celebrated the grand opening of Cooperman Family Pavilion, a five story, 240,000 square foot expansion of the St. Barnabas Medical Center in Livingston, […]
