For Sale: The Ciminelli Outpatient Collection
AMHERST & WILLIAMSVILLE, NEW YORK | BUFFALO MSA Newmark Healthcare Capital Markets is exclusively engaged with respect to two healthcare offerings totaling 348,011 square feet in Western New York. The Ciminelli Outpatient Collection, which consists of the UBMD ASC & MOB and the Park Club Lane Portfolio, provides investors with the opportunity to acquire premier medical office […]
News Release: MedCraft Investment Partners Acquires Surgery Center
CINCINNATI, Ohio, June 30, 2021 — MedCraft Investment Partners continues to grow its medical office portfolio and recently closed on a surgery center in Cincinnati, Ohio. The acquisition is key to MedCraft’s mission of aligning with best-in-class physician groups and health care providers. We are targeting an additional $350 million in acquisition dollars over the […]
News Release: Davis to develop 44,000-square-foot medical office building in Maple Grove, Minn.
News Release The firm’s principals say the prime, central location on Highway 610 will benefit patients and tenants, including MNGI Digestive Health which will occupy the entire second floor MINNEAPOLIS, June 30, 2021 – When MNGI Digestive Health (formerly Minnesota Gastroenterology) wanted to expand into the northwestern area of the Twin Cities, it enlisted the […]
News Release: Montecito Medical Acquires Stony Point Medical Office Building, Home to the Prominent Stony Point Surgery Center in Richmond (Va.)
FOR IMMEDIATE RELEASE June 25, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of The Medarva Stony Point Medical Office Building, a multi-tenant medical office building, which includes an ambulatory surgery center (ASC) in an affluent suburban area of Richmond, Virginia. The two-story […]
News Release: MidCap Financial Closes First Mortgage Loan on a Five-Property Sonata Seniors Housing Portfolio
PRESS RELEASE BETHESDA, MD, June 29, 2021 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a transaction with funds managed by affiliates of Fortress Investment Group LLC (“Fortress”). The $46,000,000 floating rate first mortgage loan facilitated the acquisition of a portfolio of five seniors housing […]
News Release: Medtronic breaks ground on new Innovation Center in Lafayette, Colorado
JUN 29, 2021 Investing in Colorado Leadership perspectives Medtronic officials on Tuesday broke ground on a new 42-acre campus in Lafayette, Colorado, a future hub for critical research and development work supporting the company’s efforts to improve the lives of patients around the world. Developed in partnership with Ryan Companies US, Inc., the new Lafayette […]
News Release: Just Closed – Jacobson Properties and Pyramid Brokerage of Binghamton Announce the Sale of West Taft Road Medical Center
June 24, 2021 — Lisa Menin of Jacobson Properties and Leo Jones of Pyramid Brokerage Company of Binghamton are pleased to announce the sale of West Taft Road Medical Center, a 42,374 square foot medical office building located in Liverpool (Syracuse MSA), New York. West Taft Road Medical Center was sold by West Taft Road […]
News Release: Ventas to Acquire New Senior Investment Group in All Equity $2.3 Billion Transaction
Positions Ventas to capture powerful senior housing upside at cyclical inflection point Adds high quality independent living portfolio in advantaged markets with positive supply demand fundamentals Builds on existing relationships with leading operators and deep experience in independent living Attractive valuation and accretive transaction June 28, 2021 09:02 AM Eastern Daylight Time CHICAGO & NEW […]
News Release: Newmark Completes $64 Million Sale of Medical Office Building Adjacent to Sutter Health in Northern California
FOR IMMEDIATE RELEASE San Francisco, CA (June 24, 2021) — Newmark Knight Frank (“Newmark”) announces it has arranged the $64.4 million sale of 1720 El Camino Real, a 106,018-square-foot medical office building located in Burlingame, California. Newmark’s Vice Chairman and Head of Northern California Capital Markets Steven Golubchik, alongside Senior Managing Director Seth McKinnon, Executive […]
News Release: Hunter Jones Joins Industry’s Largest Dedicated Healthcare Advisory Services Group
Medical Sector Veteran Enriches Transwestern’s Central Texas Healthcare Team (JUNE 23, 2021 – AUSTIN, TX) – Transwestern Real Estate Services (TRS) announces the expansion of its Healthcare Advisory Services team in Central Texas with the addition of Hunter Jones as Senior Vice President. Jones will support clients with site selection, lease negotiations and transaction management […]
News Release: Placement of Acquisition Financing – Copper Peak Medical Office Building (American Fork Utah)
JUST FINANCED COPPER PEAK MEDICAL OFFICE BUILDING Placement of Acquisition Financing CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the placement of acquisition financing for the post-closing financing of Copper Peak Medical Office Building. Sabrina Solomiany, Zack Holderman, and Cole Reethof acted as the exclusive advisors in arranging the financing. Copper […]
News Release: Scioto Properties Closes $20MM+ Real Estate Acquisition
NEWS PROVIDED BY Scioto Properties Jun 25, 2021, 12:46 ET COLUMBUS, Ohio, June 25, 2021 /PRNewswire/ — Scioto Properties, LLC, the largest U.S. provider of housing for people with disabilities, that also services the traumatic brain injury, behavioral health, substance abuse and adult day services markets, with sale-leasebacks and build-to-suits, announced Friday, June 18, 2021, the […]
News Release: RWJBarnabas Health and Rutgers Cancer Institute of New Jersey Break Ground on Jack & Sheryl Morris Cancer Center
For Immediate Release State’s first freestanding cancer hospital 2024 expected completion of $750 million project NEW BRUNSWICK, N.J., June 24, 2021 – Earlier today, RWJBarnabas Health and Rutgers Cancer Institute of New Jersey, the state’s only National Cancer Institute-designated Comprehensive Cancer Center, in partnership with the New Brunswick Development Corporation (DEVCO), broke ground on the state’s […]
News Release: UC Davis Medical Center, Kindred Healthcare and PMB to develop new inpatient rehabilitation facility in Sacramento
FOR IMMEDIATE RELEASE The 52-bed UC Davis Health Rehabilitation Hospital will meet the growing community need for more rehabilitation services and allow UC Davis to free up acute care space in its main hospital SACRAMENTO and SAN DIEGO, Calif., June 24, 2021 – Kindred Healthcare LLC and the University of California Davis Medical Center announced […]
News Release: Griffin-American Healthcare REIT III and Griffin-American Healthcare REIT IV Announce Definitive Agreements to Merge and Acquire American Healthcare Investors
Transactions will result in a self-managed, diversified healthcare REIT with a gross investment value of $4.2 billion, well-positioned for a potential future listing on a national stock exchange as the 11th largest healthcare REIT globally IRVINE, Calif. (June 24, 2021) – Griffin-American Healthcare REIT III, Inc. (“GAHR III”) and Griffin-American Healthcare REIT IV, Inc. (“GAHR […]