News Release: H2C Advises Jupiter Medical Center on $152 Million Tax-Exempt Bond Issue
July 20, 2022 — On Thursday, June 23, Jupiter Medical Center (“JMC”), rated BBB- with a positive outlook/BBB stable by Standard & Poor’s and Fitch Ratings, respectively, priced approximately $152 million, tax-exempt fixed rate bonds (the “Series 2022A Bonds” or the “Bonds”). Proceeds from the Series 2022A Bonds will fund a portion of a number […]
News Release: Newmark Announces Sale of 2 Purpose-Built, Hospital-Leased Outpatient MOBs
THE HOSPITAL MOB COLLECTION – North Carolina & Massachusetts Newmark’s Healthcare Capital Markets represents the institutional purchaser in the sale of the Hospital MOB Collection of outpatient medical office buildings, located in Massachusetts andNorth Carolina, respectively. The MOBs were both purpose-built over the last 5 years for each MOB’s sole hospital tenant, each holding strong investment grade […]
News Release: Andrew Kirshenbaum Completes Over 50,000 Square Feet of Medical Office Space Transactions
Transactions highlight continued strong demand for healthcare space in northern New Jersey’s market Teterboro, N.J. (July 20, 2022) – Andrew Kirshenbaum of NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, recently completed over 50,000 square feet of medical space transactions with 10 new lease deals combining for 40,426 square […]
News Release: Seavest acquires Manhattan medical office building anchored by NYU Langone Health
The eight-story, 57,000 square foot, fully leased building in the dense Midtown West area is the firm’s latest addition to its medical real estate investment portfolio NEW YORK, N.Y. and WHITE PLAINS, N.Y., July 20, 2022 – Seavest Healthcare Properties, LLC, the White Plains and New York City based real estate investment management firm has […]
News Release: Montecito Medical Acquires Two Medical Office Buildings in North Carolina
Company continues to expand portfolio across the state CHARLOTTE, NC, July 20, 2022 — Montecito Medical has completed the acquisition of two medical office buildings in the Charlotte, North Carolina, area. The two properties, which offer a combined total of 17,049 square feet, are in Gastonia and Shelby, respectively. Both buildings are 100% occupied by ENT Carolina, […]
News Release: Merged Healthcare Realty Trust and Healthcare Trust of America to Be Included in the S&P MidCap 400 Index
July 19, 2022 17:37 ET | Source: Healthcare Realty Trust Incorporated NASHVILLE, Tenn., July 19, 2022 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE: HR) (“Healthcare Realty” or the “Company”) announced the merged Healthcare Realty and Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”) will be included in the S&P MidCap 400 Index effective prior […]
News Release: Oxford completes speculative 130,000 sq ft office to lab conversion in Seattle to meet market demand
Only two of nine R&D floors remain available for lease as Seattle’s Boren Lofts office development becomes life sciences-ready Boren Labs. SEATTLE, July 19, 2022 — Oxford Properties Group (“Oxford”), a leading global real estate investor, asset manager and business builder, has completed the conversion of the 136,000 sq ft Boren Lofts office building in […]
Companies & People: Vitalis and partner Advenir finding a lively HRE market
HREI interviews founder Elliott LaBreche about his fast-growing investment/brokerage firm By John B. Mugford A new name sure seems to keep popping up in the medical office building (MOB) acquisitions market, both for making purchases itself and for brokering sales for other owners. The company is Miami-based Vitalis, which was launched just last year and […]
News Release: IRA Capital Acquires San Diego Medical Buildings Anchored by Scripps Health
July 15, 2022: Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two medical office buildings totaling 21,000 square feet predominantly occupied by Scripps Health in Vista, California. Scripps Health is a $2.9 billion private, nonprofit, integrated health system in San Diego that is ranked among the top 15 […]
News Release: Newmark Completes Recapitalization of 300 Third Street in Cambridge, Massachusetts
Fourth recapitalization completed by Newmark’s Boston Capital Markets Group for the seller along Kendall Square’s Binney Street corridor, bringing total consideration to $3.2 billion since 2019 CAMBRIDGE, Mass., July 18, 2022 — Newmark announces the recapitalization of 300 Third Street, a six-story 131,963-square-foot Class A laboratory/office asset located in Cambridge, Massachusetts. Newmark Co-Head of U.S. Capital […]
News Release: American Healthcare REIT Promotes Gabriel Willhite to Chief Operating Officer
IRVINE, Calif., July 18, 2022 /PRNewswire/ — American Healthcare REIT, Inc., a self-managed, publicly registered, real estate investment trust, announced today the promotion of Gabriel M. Willhite to chief operating officer. “Over the past six years, Gabe has consistently displayed a keen acumen for navigating complex transactional and operational matters for the company, making him […]
News Release: Easterly Government Properties completes acquisition of VA – Columbus, the seventh of 10 properties in the VA Portfolio
Washington, D.C. – July 18, 2022 – Easterly Government Properties, Inc. (NYSE: DEA), 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 that it has, through its joint venture (“JV”), completed the acquisition of the previously announced […]
News Release: MedCraft Investment Partners Acquires Two Physician Owned Buildings
FOR IMMEDIATE RELEASE Physicians spend less energy on real estate operations Minneapolis, Minn. – July 15, 2022 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, acquired a 2-building parcel including the South Bend Orthopaedics MOB located at 53880 Carmichael Drive and the Allied Physicians Surgery Center located at 53990 […]
News Release: Healthcare Trust of America Stockholders Approve Merger with Healthcare Realty
Transaction Expected to Close on July 20, 2022 SCOTTSDALE, Ariz., July 15, 2022 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA) (“Healthcare Trust of America” or “HTA”) today announced that, based on a preliminary vote count, its stockholders have approved the previously announced combination with Healthcare Realty Trust Incorporated (“HR”) at today’s Special Meeting […]
News Release: Healthcare Realty Shareholders Approve Merger with Healthcare Trust of America
Votes in favor represent 79% of outstanding shares and 92% of votes cast NASHVILLE, Tenn., July 15, 2022 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE: HR) (“Healthcare Realty” or the “Company”) today announced that its shareholders approved the merger proposal with Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”) at its special meeting held […]