News Release: Continued South Florida office demand drives $37.25M recent sale
JLL Capital Markets led sales efforts for 3301 Quantum, which serves as a mission-critical facility for NYU’s Grossman School of Medicine and NYU Langone Health MIAMI – Sept. 17, 2021 – JLL Capital Markets announced today that it has closed the $37.25 million sale of 3301 Quantum Blvd., a 100,000-square-foot, single-tenant, triple-net leased property in […]
News Release: Just Closed and Financed – Project Lighthouse Medical Office Portfolio
JLL Healthcare Capital Markets Equity & Debt Placement Just Closed and Financed: Project Lighthouse Medical Office Portfolio The JLL Healthcare Capital Markets Group is pleased to announce the equity and debt placement of Project Lighthouse, a 31-property medical office portfolio totaling 545,813 rentable square feet across 10 states. The institutionally managed portfolio consists of 27 […]
News Release: JLL Income Property Trust Acquires Premier Virginia Medical Office Building
NEWS PROVIDED BY JLL Income Property Trust Sep 16, 2021, 14:30 ET CHICAGO, Sept. 16, 2021 /PRNewswire/ — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $4.7 billion in portfolio assets today announced the acquisition of 9101 Stony Point Drive, an 87,000-square-foot, world-class, medical office building […]
News Release: CBRE Announces the Recapitalization and Financing of a Medical Office Portfolio in Atlanta Area
Press Release FOR IMMEDIATE RELEASE Atlanta, Ga. – September 16, 2021 – CBRE has announced a $67 million loan, of which $42 million is for the recapitalization and financing of the RGRE Portfolio, a ten-property medical office portfolio located across the Atlanta MSA, and $25 million is to finance the acquisition of additional assets in […]
News Release: Clark Delivers UMMC Midtown Outpatient Tower, Celebrates Grand Opening
NEWS PROVIDED BY Clark Construction Group Sep 15, 2021, 14:32 ET BALTIMORE, Sept. 15, 2021 /PRNewswire/ — On September 14, Clark Construction Group joined Baltimore Mayor Brandon Scott, representatives from the University of Maryland Medical System (UMMS), and city and state leaders to celebrate the grand opening of the University of Maryland Medical Center’s (UMMC) […]
News Release: JLL facilitates $245M recapitalization of 31-building healthcare portfolio
Medical office sector continues to be in high demand among investors after sustained positive performance in second quarter NEW YORK – September 15, 2021 – JLL Capital Markets announced today that it has facilitated the $245 million recapitalization and financing of a 31-property medical office building portfolio totaling 545,813 square feet across 10 states. JLL […]
News Release: Recapitalization and Financing – RGRE Portfolio
JUST RECAPITALIZED & FINANCED RGRE PORTFOLIO Recapitalization and Financing CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the recapitalization and financing of the RGRE Portfolio, a 10-property medical office portfolio located across the Atlanta MSA. Zack Holderman, Sabrina Solomiany, Cole Reethof, Chris Bodnar and Lee Asher acted as the exclusive advisors […]
News Release: Next Realty Affiliate Acquires Westridge Office Park Near Indianapolis;
PRESS RELEASE Fund IX is now fully invested in a diverse mix of assets CHICAGO (September 15, 2021)— An affiliate of Next Realty, LLC has acquired Westridge Office Park, an office/medical complex, consisting of two single-story buildings at 6791 and 6845 E US Highway 36 in Avon (Indianapolis MSA), Indiana. Terms of the transaction, made […]
Feature Story: Cash-strapped health systems? Not exactly…
Pandemic pressures haven’t prompted more third-party development, as some had hoped By John B. Mugford A few months after the onset of the COVID-19 pandemic, there was a notion in healthcare real estate (HRE) that the crisis would actually provide more opportunities for HRE developers to finance and own projects. The reason? Because the country’s […]
News Release Davis breaks ground for a 16,147-square-foot medical office building in Wayzata, Minn.
News Release The Minneapolis-based healthcare real estate developer will replace a former office building in the downtown area with a state-of-the-art, Class A healthcare facility WAYZATA and MINNEAPOLIS, Minn., Sept. 15, 2021 – Officials from Minneapolis-based Davis held a groundbreaking ceremony Sept. 14 to begin construction of a 16,147 square foot Class A medical office […]
News Release: PMB breaks ground for 60,000 s.f. Emanate Health Medical Arts Building II and Parking Structure
FOR IMMEDIATE RELEASE The facility will bring a comprehensive cancer center, an ambulatory surgery center and clinical space to the master-planned Emanate Health Queen of the Valley Hospital campus WEST COVINA and SAN DIEGO, Calif., Sept. 15, 2021 – San Diego-based healthcare real estate developer PMB has been selected to develop the 60,000-square-foot Emanate Health […]
News Release: JLL facilitates $245M recapitalization of 31-building healthcare portfolio
Medical office sector continues to be in high demand among investors after sustained positive performance in second quarter NEW YORK – September 15, 2021 – JLL Capital Markets announced today that it has facilitated the $245 million recapitalization and financing of a 31-property medical office building portfolio totaling 545,813 square feet across 10 states. JLL […]
News Release: Newmark Advises Global Nephrology Solutions on Strategic $64.9M Portfolio Monetization
New York, NY (September 15, 2021) — Newmark announces that it has advised Global Nephrology Solutions (GNS) on a strategic $64.9M real estate transaction involving 15 dialysis and medical office facilities spanning 160,854 square feet. GNS is one of the largest kidney care platform and management services organizations in the United States. Newmark’s Vice Chairman […]
News Release: CA Health and Science Trust, Inc. Announces $245 Million Partnership with Davidson Kempner and Monarch Alternative Capital
FOR IMMEDIATE RELEASE Platform Swiftly Executes on More Than $50 Million in Acquisitions Following Initial Closing CHICAGO (September 14, 2021) – CA Health and Science Trust, Inc. (“CAHST”), a newly formed and externally managed private real estate investment trust (REIT) focused on the acquisition and development of value-add and core-plus medical office and life science […]
News Release: KKR and Cornerstone Companies, Inc. Establish Joint Venture to Invest in Healthcare Real Estate
KKR Recapitalizes 25 Properties with Cornerstone to Seed New Portfolio September 15, 2021 07:00 AM Eastern Daylight Time NEW YORK & INDIANAPOLIS–(BUSINESS WIRE)–KKR, a leading global investment firm, and Cornerstone Companies, Inc. (“Cornerstone”), a full-service healthcare real estate investment, development and management firm, today announced that Cornerstone and KKR have entered into a joint venture […]