Transactions: DocREIT in the midst of buying $735 million in MOBs
Acquisitions include assets excluded from HTA-Duke deal and more CHI MOBs Physicians Realty Trust (NYSE: DOC), the Milwaukee-based publicly traded real estate investment trust (REIT) that has grown rapidly since its founding in 2013, recently announced that it has executed purchase and/or sale agreements with four separate entities for 18 medical office buildings (MOBs) at […]
Industry Pulse: Top 10 healthcare real estate stories of 2017 (so far)
As the first half of 2017 comes to a close, Healthcare Real Estate Insights takes a look back at the top 10 healthcare real estate news stories so far this year. 1. HTA agrees to buy Duke Realty’s healthcare real estate portfolio, business Rumors of a potential sale were confirmed May 1 when Healthcare Trust […]
News Release: Marcus & Millichap Arranges Sale of 18,708 Square Foot Medical Office Building
RIVERVIEW, FL, July 5, 2017 – 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 Bay Area Physicians Surgery Center, an 18,708 square foot medical office property located in Riverview, Florida, according to Ari Ravi, regional manager of […]
News Release: Blue Moon Capital Partners Acquires Off-Market Senior Housing Community
Boston, MA (June 30, 2017)—Blue Moon Capital Partners LP (“Blue Moon”), a leading senior housing private equity investor, announced today that it has acquired a majority interest in The Carillon at Boulder Creek (“The Carillon”), a 117- unit senior living community located in Boulder, Colorado adjacent to the University of Colorado campus. Blue Moon replaced […]
News Release: Just Sold – 2690 Pacific Avenue Long Beach, California
Transaction Summary CBRE’s Investment Properties SoCal team is pleased to announce the sale of 2690 Pacific Ave located in Long Beach, CA at a price of $6,575,000 ($250 / SF). The 26,293 SF medical office building was 91% leased to 8 tenants and is located adjacent to the renowned Long Beach Memorial Medical Center. Gary […]
News Release: A M King Starts Multi-Tenant Medical Office Building in Steele Creek
Charlotte, NC—A M King, a fast-growing Design-Build firm, announced that it has begun construction of a new medical office building at the intersection of Steele Creek and S. Tryon St. The two-story building is a joint venture between The Keith Corporation and Sports Med Properties, LLC. and will comprise roughly 24,000-square-feet. The building is being […]
News Release: Longtime San Antonio building/ infrastructure professional joins forces with nation’s leading healthcare facility developer
SAN ANTONIO, TEXAS, June, 29, 2017 – Alvaro Rizo-Patron has recently joined Hammes, the nation’s leading provider of healthcare building strategies, as the new Regional Vice President for the company’s growing Texas market. Mr. Rizo-Patron has been involved in many of San Antonio’s most important capital projects, including the San Antonio Airport Expansion, Bexar County […]
News Release: Ryan Architecture and Engineering Makes Key Hires in Healthcare Sector
Johnson and McLane Bring 22 Years of Collective Experience to Healthcare Team Minneapolis, MN (June 29, 2017) Ryan A+E, Inc., Ryan Companies’ architecture and engineering practice, announces the hiring of two key architects to their growing team. The addition of Alena (Sakalouski) Johnson and Adam McLane demonstrates the significant value Ryan Companies places on the […]
News Release: Anchor Health Properties Announces Expansion of Management Portfolio
Newly assumed portfolio expands partnership with Penn Medicine (Philadelphia, PA)- Anchor Health Properties, a national, full-service healthcare real estate development, management and acquisitions company focused solely on medical facilities, is pleased to announce the assumption of property management and leasing services of a medical office portfolio anchored by Penn Medicine and located in suburban Philadelphia, […]
News Release: Easterly Government Properties Announces $127.5 Million 3.59% Fixed Interest Only Mortgage Financing on Department of Veterans Affairs Ambulatory Care Facility in Loma Linda, California
June 29, 2017 09:00 AM Eastern Daylight Time WASHINGTON–(BUSINESS WIRE)–Easterly Government Properties, Inc. (NYSE:DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to U.S. Government agencies, announced today that it has closed on a $127.5 million mortgage loan […]
News Release: Physicians Realty Trust Announces $735.0 Million of Executed Purchase and Sale Agreements, Including the Pending Acquisition of the Baylor Charles A. Sammons Cancer Center
Physicians Realty Trust Date: 06-28-2017 For a complete listing of our press releases, please click here Acquisition Guidance for 2017 increased from a range of $800 Million to $1.0 Billion to a range of $1.2 Billion to $1.4 Billion Provides Estimates of Second Quarter Financial Impacts from Recent Events MILWAUKEE–(BUSINESS WIRE)– Physicians Realty Trust (NYSE: […]
News Release: IRET Announces Financial And Operating Results For The Quarter And Fiscal Year Ended April 30, 2017
Press Release Company Release – 6/28/2017 4:15 PM ET MINOT, N.D., June 28, 2017 /PRNewswire/ — IRET (NYSE: IRET) today reported its financial and operating results for the quarter and fiscal year ended April 30, 2017. Chief Executive Officer Mark Decker commented, “During our fiscal fourth quarter, we continued to make substantial progress on our […]
Industry Pulse: Are foreign investors poised to buy U.S. MOBs?
The time is ripe if senior housing is any indication, new JLL report contends BOSTON – It appears to be only a matter of time before a foreign investor makes a headline-grabbing acquisition of a large U.S. medical office building (MOB) portfolio, according to a new report from the Boston-based Healthcare Capital Markets team with Chicago-based Jones Lang […]
News Release: Flagship Healthcare Properties completes first Louisiana acquisition
For Immediate Release Charlotte, NC – June 22, 2017 – Flagship Healthcare Properties has made its first acquisition in the state of Louisiana, acquiring Covington Medical Arts Pavilion in the New Orleans MSA. The Class A, 55,000 square foot medical office building is certified LEED Silver, located at 5025 Keystone Boulevard, and joins the growing Flagship […]