News Release: Hammes Healthcare celebrates Emory Musculoskeletal Institute ribbon-cutting
Milwaukee, WI, Oct. 15, 2021 – Hammes Healthcare, a leading provider of consulting and project delivery services, was pleased to celebrate the ribbon-cutting for the new Emory Musculoskeletal Institute in Atlanta on October 7. The new facility combines several centers of excellence to provide advanced orthopaedic and spine care with state-of-the-art clinical and research support […]
News Release: Montecito Medical Acquires Medical Building in Dallas Metro
FOR IMMEDIATE RELEASE October 15, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of Rockwall Medical Office Building, the flagship location for Orthopaedic Specialists of Dallas. The property in the Dallas suburb of Rockwall, which offers approximately 14,000 square feet of space, is […]
News Release: Capital One to Acquire TripleTree, LLC, Growing Capital Markets Capabilities
Capital One announced today it entered into a definitive agreement to acquire TripleTree, LLC (TripleTree), a leading investment banking advisory platform serving market-leading healthcare companies, headquartered in Minneapolis, MN, with offices in New York. TripleTree will join Capital One Commercial Bank’s growing Capital Markets group, bringing deep focus and tailored expertise serving healthcare technology and […]
News Release: Global Healthcare Services sale (Belpre Cancer Center)
RECENTLY SOLD: GLOBAL HEALTHCARE SERVICES Belpre Cancer Center Global Healthcare Services announces the sale of the Belpre Cancer Center, an on-campus, state-of-the-art cancer treatment center in Belpre, Ohio. The 2-story facility was constructed in 2021 and is 100% leased by Marietta Memorial Hospital, a prominent health system in southeastern Ohio with a network of 3,000 employees across 64 clinics. SALES PRICE: $79.9M SQUARE FEET: 77,367 PRICE […]
News Release: Easterly Government Properties Enters Into Joint Venture And Announces Agreement To Acquire 1,214,165 Sf Department Of Veterans Affairs Portfolio For $635.6 Million
WASHINGTON, D.C. – October 13, 2021 – Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today the formation of a joint venture with one of the preferred […]
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 […]
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
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)
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
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.
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
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
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 […]
News Release: Healthcare Trust of America, Inc. Issues Statement in Response to Letter from Elliott
NEWS PROVIDED BY Healthcare Trust of America, Inc. Oct 11, 2021, 13:41 ET SCOTTSDALE, Ariz., Oct. 11, 2021 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA” and “the Company”) today issued the following statement in response to a letter issued by Elliott Investment Management (“Elliott”). HTA’s Board of Directors and management team are committed […]
News Release: Elliott Sends Letter to Board of Healthcare Trust of America, Inc.
Highlights Long-Term Underperformance and Frustrated Shareholders Urges HTA to Conduct a Strategic Review NEWS PROVIDED BY Elliott Investment Management L.P. Oct 11, 2021, 12:29 ET WEST PALM BEACH, Fla., Oct. 11, 2021 /PRNewswire/ — Elliott Investment Management L.P. and its affiliates (together “Elliott”), which is one of the largest investors in Healthcare Trust of America, Inc. […]