News Release: Recent Sale | 481 Plumas Boulevard, Yuba City, CA
Recent Sale Swettenham Ortiz Healthcare Team Colliers | Sacramento | September 16, 2021 481 Plumas Boulevard, Yuba City, CA 25,000 SF Leased Medical Office Building Colliers brokered the sale of a 25,000 SF medical office building on the Sutter Surgical Hospital North Valley Campus located at 481 Plumas Boulevard in Yuba City, California. The Swettenham […]
Companies & People: How Cornerstone and KKR connected
A Q&A with Cornerstone Companies’ Tag Birge and KKR’s Peter Sundheim By John B. Mugford Call it a classic case of a marriage made in healthcare real estate (HRE) heaven, one that the sector is seeing more and more of these days. One of the parties is a global investment firm and one of the […]
Feature Story: Lending in the HRE sector remains as active as ever
With systems expanding their outpatient networks and rates low, lots of debt is being issued By John B. Mugford Although there is a strong imbalance between supply and demand in the medical office building (MOB) acquisitions market, plenty of transactions are taking place and lenders are ready to provide loans for deals that make financial […]
News Release: Boston life sciences growth driving demand for more space
JLL Capital Markets completed the $74.6M sale of a building in Boston’s Seaport for a life sciences conversion BOSTON, Sept. 21, 2021 – JLL Capital Markets announced that it has closed the $74.6 million sale of a 102,727-square-foot office building to be converted into a life sciences property at 51 Melcher St. in Boston’s popular […]
News Release: Ventas Completes Acquisition of New Senior Investment Group Inc.
September 21, 2021 08:56 AM Eastern Daylight Time CHICAGO & NEW YORK–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas”) and New Senior Investment Group Inc. (“New Senior”) today announced that Ventas has completed its acquisition of New Senior in an all-stock transaction (the “Transaction”), valued at approximately $2.3 billion, including New Senior debt assumed or repaid by […]
