News Release: CBRE Completes Sale of $90 Million Medical Buildings Portfolio Across Four States
Atlanta – CBRE announced today the closing of 23 medical buildings through three separate transactions totaling approximately $90 million. The deals, sold to separate buyers over the last week, totaled over 300,000 square feet across four states. Properties include the Greenleaf Center Medical Portfolio in the Chicago Metropolitan Area, the Dermatology Solutions Group Portfolio in […]
News Release: CIT Arranges $14.8 Million Financing for Acquisition of Dallas Medical Office Building
NEW YORK, April 12, 2019 /PRNewswire/ — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance unit arranged $14.8 million in financing for the acquisition of Greenville Medical Tower in Dallas, Texas. The financing was arranged on behalf of a joint venture managed by Catalyst Healthcare Real Estate and Bain Capital Real […]
News Release: Carter Validus Mission Critical REIT, Inc. to Merge with Carter Validus Mission Critical REIT II, Inc.
TAMPA, FL – Carter Validus Mission Critical REIT, Inc. (“CVMC REIT I”) and Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”), both registered, non-traded real estate investment trusts focused on investing in income producing commercial real estate, announced today that the companies have entered into a definitive agreement to merge in a stock […]
News Release: Harrison Street and HealthAmerica Welcome Piedmont Internal Medicine to Newly-Renovated Northwest Medical Center in Atlanta
Private internal medicine practice to occupy 16,000-square-foot, custom-built space in premier, multi-tenant medical office building ATLANTA – April 11, 2019 – Harrison Street, one of the largest real estate investment firms dedicated to the Education, Healthcare and Storage sectors, and HealthAmerica Realty Group (“HealthAmerica”), an Atlanta-based health care real estate firm with more than 25 years […]
News Release: Meridian Repositions and Recapitalizes Historic Medical Office Building in Phoenix
PHOENIX – Meridian, a full-service commercial real estate developer and owner of medical real estate, is pleased to announce that it has completed the renovation and repositioning of Grunow Memorial Medical Center, a landmark 53,000-square-foot, two-story, medical office building located at 926 East McDowell Road in Phoenix, Arizona. Once the repositioning was completed, Meridian formed […]
News Release: Anchor Health Properties Appoints Vice President, Asset Management to Lead Nationwide Investment Operations
(Charlottesville, VA) Anchor Health Properties (Anchor), a national, full-service healthcare real estate development, management and investment company focused solely on medical facilities, is pleased to announce that healthcare and commercial real estate veteran Jay Buckley has joined the firm as Vice President, Asset Management. Mr. Buckley will be based in the firm’s Nashville, Tennessee office. […]
News Release: Marvin Crossing Medical Office Building Sold
April 10, 2019 | Press Release Charlotte, NC (April, 2019) – MPV Properties (MPV) is pleased to announce the sale of 16817 Marvin Road, Charlotte, North Carolina. This single-tenant 29,070 square foot medical office building is home to Tryon Medical Partners’ Ballantyne location. Eighteen doctors will practice at this well-located office that sits at the signalized intersection of Ardrey Kell […]
News Release: IMC Construction’s Penn Medicine Radnor Tops Out
Officials from Penn Medicine and IMC Construction topped out the new outpatient facility under construction in Radnor. Malvern, PA (April 2019) — IMC Construction, a nationally-recognized, full-service construction company, held topping out ceremonies on April 8th on a multispecialty outpatient facility for the University of Pennsylvania Health System. The event on the Radnor site was […]
News Release: The Sanders Trust acquires $49 million facility occupied by Bakersfield Heart Hospital in California
FOR IMMEDIATE RELEASE April 9, 2019 Birmingham, Ala. – The Sanders Trust, a Birmingham-based healthcare real estate and development firm, has announced its real estate acquisition of the Bakersfield Heart Hospital (BHH) an award-winning hospital located in Bakersfield, California. The 85,971 square foot, Class “A” facility was built in 2000 and adds California as the […]
News Release: Healthcare Trust of America, Inc. Sets Dates to Report 2019 First Quarter Financial Results and Host Conference Call
SCOTTSDALE, Ariz., April 9, 2019 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE:HTA), the largest dedicated owner and operator of medical office buildings in the United States, announced today that on Thursday, April 25, 2019, after the market closes, HTA will report its financial results for the three months ending March 31, 2019. The Company […]
News Release: Griffin-American Healthcare REIT IV Announces Estimated Per Share Net Asset Value of $9.54
IRVINE, Calif. (April 8, 2019) – Griffin-American Healthcare REIT IV, Inc. announced today that its board of directors has approved an estimated per share net asset value (“NAV”) of its Class T and Class I common stock of $9.54 as of Dec. 31, 2018. “We are very pleased with this valuation of our portfolio and […]
Thought Leaders: New Report: Favorable Demographics Reinforce Medical Office Investment
First Half 2019 Medical Office Demand Robust As Demographics, Supply Shortages Underpin Investment A wave of mergers and acquisitions, along with rising demand from aging baby boomers has powered tremendous improvement in the medical office space. Investment demand has kept pace, with investors eyeing attractive yields compared to other commercial real estate sectors. Key features […]
News Release: Ryan Gonzales is Marcus & Millichap’s 2018 Top Medical Office Agent
Ryan Gonzales of Marcus & Millichap Recognized as CoStar Power Broker Gonzales is Marcus & Millichap’s 2018 top medical office agent. Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced that investment sales agent Ryan Gonzales has been recognized as a […]
Thought Leaders: CBRE Capital Markets: Yield Curve Inversion Insights
In recent weeks, Libor has remained flat while Treasury rates have fallen dramatically. The result is a yield curve inversion and some interesting borrower opportunities. See below: CBRE Capital Markets – Yield Curve Inversion Insights Inverted Yield Curve Economists believe that the inverted yield curve is a consequence of investor concern over slowing global economic […]
News Release: Thinkwell Group Retains Physician-Executive to Advise on Healthcare Market Expansion
Thinkwell Group, a leading global experience design and production agency for theme parks, museums, cultural attractions, and retail, has engaged Steven Merahn, M.D., to advise on the expansion of Thinkwell’s expertise and capabilities in experience design into the healthcare market. Since 2001, Thinkwell has designed and produced compelling, immersive experiences in complex service environments for […]
