Industry Pulse: JLL reports that first-half 2020 MOB sales topped 2019
The COVID-19 pandemic has ‘justified’ the investment case for the product NATIONAL – Ever since the onset of the COVID-19 pandemic, professionals involved in the medical office building (MOB) sector have predicted that the property type would hold up as well as almost any other type of investment vehicle. A new report from Jones Lang […]
News Release: David Lynn Joins White Oak Healthcare Finance as President and Chief Investment Officer of White Oak Healthcare MOB REIT
September 02, 2020 09:00 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–White Oak Healthcare Finance (“White Oak”) announced today the appointment of David Lynn to President and Chief Investment Officer of White Oak Healthcare MOB REIT, covering the nation. Dr. Lynn joins from Everest Healthcare Properties, LLC, a leading national private equity real estate firm that […]
News Release: Campbell Clinic and Rendina Celebrate Grand Opening of 120,000 SF MOB in Germantown, Tenn.
NEWS PROVIDED BY Rendina Healthcare Real Estate Sep 02, 2020, 07:00 ET GERMANTOWN, Tenn., Sept. 2, 2020 /PRNewswire/ — Campbell Clinic is continuing its commitment to provide Germantown residents with world-class healthcare at the Clinic’s new Orthopedic Surgery Center, which is celebrating its grand opening. The new, four-story, 120,000 square foot facility will assist Campbell Clinic in implementing an ambitious […]
News Release: CBRE Completes Sale of the Salt Creek Medical Campus in Hinsdale, Illinois
PRESS RELEASE FOR IMMEDIATE RELEASE Chicago – August 28, 2020 – CBRE announced today that the firm has completed the sale of the Salt Creek Medical Campus, a four-building medical office portfolio located at 8 Salt Creek Lane, 12 Salt Creek Lane, 907 Elm Street and 901 Elm Street in Hinsdale, Illinois. Chris Bodnar, Lee […]
News Release: Anchor Health Properties Announces Opening of Healthcare Destination in The Villages, Florida
FOR IMMEDIATE RELEASE September 01, 2020 (Media, PA) Located in the heart of The Villages, Florida, the Center for Advanced Healthcare at Brownwood (CAHB), a 235,000 square foot specialty and ambulatory care center has officially opened its doors to patients, visitors, and the community. The facility was the largest healthcare center solely dedicated to outpatient […]
News Release: Stan Johnson Company completes sale leaseback of a medical office building portfolio in South Carolina for $30.5 Million
FOR IMMEDIATE RELEASE August 31, 2020 Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed the sale leaseback of a four-building medical office portfolio totaling 110,052 square feet. The properties are located at 5 Stevens Street and 601 Halton Road in Greenville, South Carolina, 220 South Pendleton Street in […]
News Release: Cushman & Wakefield Secures Two Leases Totaling 7,000 SF on behalf of The Loudermilk Companies at 371 East Paces in Atlanta
Building Reaches 70% Occupancy with One Full Floor Remaining ATLANTA, August 28, 2020 – Cushman & Wakefield has arranged one new lease and one lease expansion totaling 7,000 square feet at 371 East Paces, a premier medical office building located in the heart of Atlanta’s Buckhead submarket. George Olmstead and Brandon Wallace of Cushman & […]
News Release: H2C Advises Catholic Health Services of Long Island on $400,000,000 Taxable, Fixed-Rate Bonds
H2C CAPITAL MARKETS August 27, 2020 On Wednesday, August 26, Catholic Health Services of Long Island (NR/A-/A-) (“CHS”) priced $400,000,000 taxable 30-year, fixed-rate bonds (“Series 2020 Bonds”). The proceeds of the bonds will be used to fund strategic investment in CHS facilities. H2C acted as financial advisor to CHS on the transaction. Pricing Summary $400,000,000 taxable, 30-year […]
News Release: MPV Properties celebrates 10 years
PRESS RELEASE Charlotte, NC (August, 2020) – MPV Properties (MPV), a full-service commercial real estate firm based in Charlotte, NC, announces the celebration of their 10th anniversary as a company. Formed from a merger between The Carolina Group and Merrifield Patrick, the latter of which was formed months earlier through a merger between Bissell Patrick […]
News Release: HREI opens nominations for HREI Insights Awards as scheduled, despite COVID
Healthcare Real Estate Insights™ magazine announces the eighth annual awards program recognizing excellence in healthcare real estate. Entries are due Monday, Sept. 28, 2020. MINNETONKA, Minn., Aug. 27, 2020 – Minnetonka-based Healthcare Real Estate Insights™ is proceeding with the 2020 HREI Insights Awards™ despite the COVID-19 pandemic, and nominations are now being accepted. “Despite some hesitation that […]
News Release: Montecito Medical Acquires MPoA Medical Office Portfolio
FOR IMMEDIATE RELEASE August 27th, 2020 NASHVILLE, Tenn. – Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of six medical office buildings that were part of the portfolio of Medical Properties of America (MPoA). The six properties span four states and include: Four facilities operated by Outpatient […]
Thought Leaders: Strong medical office sales in first half 2020 demonstrate investor commitment to healthcare
JLL Healthcare Capital Markets Medical Office Perspectives August 2020 MOB sales retained momentum in the first half of 2020, breaking out distinctly from the overall office sector MOB sales retained momentum in the first half of 2020, breaking out distinctly from the overall office sector Medical office sales volume and share of total office sales […]
News Release: CBRE Represents California-based REIT in Sale of 4100 Bangerter
Salt Lake City, UT | August 26, 2020 The Salt Lake City office of CBRE has announced the sale of 4100 Bangerter, a medical office building located in West Valley City. Marty Plunkett, Vickey Walker, Craig Thomas and Melissa McIntyre of CBRE represented the seller in the transaction. 4100 Bangerter is located at the intersection of 4100 […]
News Release: Amid increasing COVID-19 cases across the area, construction on schedule for Atlanta high-rise
FOR IMMEDIATE RELEASE New 19-story, 278,000-square-foot, luxury senior living community – Heartis Buckhead – in the Buckhead area of Atlanta ‘bottoms out’ DALLAS and ATLANTA, Aug. 26, 2020 – Dallas-based Caddis®, a top national healthcare real estate development and investment firm, announces the “bottoming out” of Heartis® Buckhead, a 19-story, 278,000-square-foot, luxury senior living high-rise in […]
News Release: PMB hires experienced brand builder, Heather Williams, to serve as Director of Marketing
FOR IMMEDIATE RELEASE Director brings 15-plus years’ experience leading creative design, content marketing and strategy initiatives to the San Diego-based national healthcare real estate firm SAN DIEGO, Aug. 26, 2020 – San Diego-based PMB, one of the nation’s leading real estate owners and developers across the continuum of care, announced that it has hired experienced […]
