Hot Property: Seven-asset MOB portfolio offered
CBRE is marketing assets totaling nearly 400,000 square feet across three states Murray W. Wolf Name: Tri-State MOB Portfolio No. of buildings: 7 States: Texas, Florida and Colorado Total Size: 395,115 square feet Percent leased: 71.7 Pro forma NOI: about $5.49 million In place NOI: about $5.26 million Brokerage: CBRE
Transactions: Capital One provides $68M loan for previously announced Anchor Health acquisition
BETHESDA, Md. – In more news from Capital One, HREI™ has learned that Wilmington, Del. based Anchor Health Properties had acquired the two-building, 206,000 square foot Chancellor Park Medical Campus in La Jolla, Calif.
Transactions: Capital One provides financing for West Coast senior housing owner to acquire four facilities
BETHESDA, Md. – Vancouver, Wash.-based Prestige Care Inc. recently acquired four senior housing and skilled nursing facilities (SNFs) in Washington and Idaho, financing the purchases by refinancing three facilities it owns in Oregon and Washington. Bethesda, Md.-based Capital One Healthcare provided a $41.1 million first mortgage and a $5 million senior credit facility for Prestige Care.
Transactions: Capital One provides $28.4 million refinancing for Landmark’s 122,000 s.f. MOB near Tampa, Fla.
BRANDON, Fla. – Bethesda, Md.-based Capital One Healthcare recently provided a $28.4 million loan to refinance construction debt on a 122,000 square foot, off-campus MOB in Brandon that was purpose-built for Tampa (Fla.) General Hospital.
Transactions: Meridian acquires value-add MOB in Phoenix, paying nearly $5 million for ‘landmark’ facility
PHOENIX – Santa Rosa Calif.-based Meridian, which often acquires and upgrades medical facilities, has purchased Grunow Memorial Medical Center, a “landmark” 51,150 square foot MOB at 926 East McDowell Road in Phoenix.
Transactions: Pisula Development Company, Harrison Street JV acquires Texas, transitional care facility
THE WOODLANDS, Texas – The Woodlands-based Pisula Development Company announced Aug. 23 the acquisition of Brightpointe at Rivershire, a 62,000 square foot, 150-bed transitional care facility in the Houston suburb of Conroe, Texas.
Transactions: Ventas was seller in previously announced sale of four-building San Antonio MOB portfolio
SAN ANTONIO – On Aug. 9, Healthcare Real Estate Insights™ reported that a portfolio of four large MOBs in San Antonio had been acquired by a partnership comprised of MLL Capital, Artemis Real Estate Partners and Ackerman & Co.
Transactions: Urgent care center in Dallas changes hands; Sun Commercial represents buyer
DALLAS – The Investment Services Group at Las Vegas-based Sun Commercial Real Estate recently represented the buyer of a single-tenant, double-net leased CareNow Urgent Care Center in Dallas.
Transactions: MOB changes hands in Long Beach, Calif.; CBRE’s Southern California team represents the seller
LONG BEACH, Calif. – The Investment Properties Southern California team of CBRE Group Inc. (NYSE CBG) recently brokered the sale of 3530 Atlantic Ave. in Long Beach, for $4.056 million.
Transactions: Local firm acquires two MOBs for a total of $11.9 million in affluent suburbs of Atlanta
ATLANTA – Atlanta-based SG Property Services, a real estate firm focused on healthcare and professional office developments, recently acquired two MOBs in affluent Atlanta suburbs for a total of $11.9 million.
Transactions: Health complex in Phoenix sells for $12.1 million; local office of Avison Young brokers sale
PHOENIX – Foothills Health Center, a two-building, 53,310 square foot medical office property in the Ahwatukee submarket of Phoenix, recently changed hands for $12.1 million. Nicholas Pelusio and Kevin Helland of the Phoenix office of Toronto-based Avison Young represented the seller, Chicago-based United Insurance Company of America.
Transactions: Anchor Health Properties acquires Norwalk, Conn., MOB for $23 million; NKF handles sale
NORWALK, Conn. – Newmark Knight Frank (NKF) announced Sept. 11 that it represented Bostonbased Marcus Partners in the sale of the four-story, 71,401 square foot Cross Street Medical Center at 40 Cross St. in Norwalk to Anchor Health Properties for $23 million.
Transactions: Norvin Healthcare acquires three-MOB, 83 percent leased complex near Houston
SUGAR LAND, Texas – The Healthcare Capital Markets Group of Jones Lang LaSalle (NYSE: JLL) announced Sept. 7 the sale of the Sugar Land Medical Pavilion, a complex of three multi-tenant MOBS just outside of Houston in Sugar Land.
News Release: Montecito Medical Acquires the Weston Medical Surgical Pavilion
which houses the Weston Outpatient Surgical Center and other medical providers in South Florida NASHVILLE, TENN., October 25th, 2017 — Montecito Medical Real Estate, one of the fastest growing firms in the country devoted exclusively to medical real estate, has acquired the Weston Medical Surgical Pavilion building, a Class-A, two-story 30,000-square-foot facility located within an affluent medical […]