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News Release: Just Sold - Pomona Valley Health Center at La Verne

News Release: Just Sold – Pomona Valley Health Center at La Verne

CBRE CAPITAL MARKETS | HEALTHCARE & LIFE SCIENCES JUST CLOSED Pomona Valley Health Center at La Verne La Verne, California 39,353 SQUARE FEET $24.6M SALE PRICE $625 PRICE PER SF 85% HEALTHCARE SYSTEM TENANCY 100% LEASED CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of the Pomona Valley Health Center at La Verne, a […]

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News Release: MedCraft Healthcare Real Estate and Walker & Associates Merge to Expand Healthcare Project Management Platform

FOR IMMEDIATE RELEASE Combined firms bring healthcare clients a single-source partner spanning project management, owner’s representation, financing, planning and development Minneapolis, Minn. – October 12, 2021 – MedCraft Healthcare Real Estate, a leading healthcare real estate firm that provides advisory, development and financing services to health systems and physician practices, announces that Walker & Associates, […]

News Release: VMG Health expands advisory services with addition of two new executives

News Release: VMG Health expands advisory services with addition of two new executives

VMG Health, the market leader in providing full-service healthcare advisory, consulting and transaction related services, is pleased to announce it is expanding services in the advisory division to support clients’ ever evolving needs. “VMG is excited to add Jack Wolf and Patrick Solomon to our growing advisory practice. Both Jack and Patrick have extensive experience […]

News Release: CLOSED | $1Bn MOB JV & Portfolio Recap & $157M Debt Financing (Cornerstone)

News Release: CLOSED | $1Bn MOB JV & Portfolio Recap & $157M Debt Financing (Cornerstone)

HEALTHCARE CAPITAL MARKETS NEWMARK CLOSING ANNOUNCEMENT $1IBN Joint Venture $215M Portfolio Recap $157M Loan Placement MOB Portfolio Recapitalization and Programmatic Joint Venture on Behalf of the Cornerstone Companies Nationwide SEPTEMBER 2021 The Newmark Healthcare Capital Markets Team arranged the sale Of a 25 building MOB portfolio located throughout the country. The $215 million portfolio consists predominantly Of purpose-built […]

Transactions: A big purchase, a big sale in Southern California for Meridian

Transactions: A big purchase, a big sale in Southern California for Meridian

In Beverly Hills, firm/JV partner pay $81.5M for MOB; in Santa Ana, firm sells MOB for $29.9M By John B. Mugford Early October has been a busy time for Walnut Creek-based Meridian, which is well known in the healthcare real estate (HRE) sector for adding value to medical office buildings (MOBs) it acquires. In separate […]

News Release: Newmark Arranges Recapitalization for 25 Medical Office Building Portfolio and Programmatic Joint Venture on Behalf of Cornerstone Companies, Inc.

News Release: Newmark Arranges Recapitalization for 25 Medical Office Building Portfolio and Programmatic Joint Venture on Behalf of Cornerstone Companies, Inc.

Newmark’s Healthcare Capital Markets Group Advised Cornerstone Companies and worked in Partnership with its Debt and Structured Finance Practice to Procure Financing for the Joint Venture New York, NY (October 12, 2021) — Newmark announces the firm has advised on the recapitalization of a 25-property medical office building portfolio on behalf of Indianapolis-based Cornerstone Companies, […]

Transactions: Patience pays off for Anchor in its most-recent MOB purchase

Transactions: Patience pays off for Anchor in its most-recent MOB purchase

Firm acquires a fully occupied, 129,000 s.f. MOB in Las Vegas; total investment will be $45M By John B. Mugford It looks as if patience is not only a virtue in life but also in the highly competitive medical office building (MOB) acquisitions arena as well. On the surface, Media, Pa.-based Anchor Health Properties’ recent […]

News Release: Montecito Medical Acquires Medical Property in L.A. Metro Area

News Release: Montecito Medical Acquires Medical Property in L.A. Metro Area

FOR IMMEDIATE RELEASE October 12, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical building housing the Pomona Valley Health Center in the Los Angeles suburb of La Verne. The property, which offers slightly under 40,000 square feet of space, is […]