Transactions: 11-state, 23-asset, $350 million-plus recap kicks off 2022
Remedy acquires a majority interest in a MedProperties portfolio of more than 1 million s.f. By John B. Mugford It looks as if the healthcare real estate (HRE) recapitalization trend is still going strong. After a 2021 in which more than 10 large recapitalizations – transactions in which a buyer typically acquires a large share, […]
News Release: Capital One Medical Properties Team Sees Positive Business Momentum Through 2021
Media Release New York, NY (February 9, 2022) – Capital One announced its Medical Properties team, part of the Capital One Healthcare Real Estate business, closed more than 90 loan transactions throughout 2021. The transactions totaled approximately $4.2 billion with additional opportunities pushing to 2022. Since 2010, this team – which was acquired in 2015 […]
News Release: Healthpeak Properties Announces Full Lease-up of Nexus on Grand Project in South San Francisco
NEWS PROVIDED BY Healthpeak Properties, Inc. Feb 08, 2022, 16:16 ET DENVER, Feb. 8, 2022 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) announced today the execution of long-term leases with Graphite Bio, Inc. and another leading biotech company at its life science development, Nexus on Grand, bringing the project to 100% pre-leased. Prominently located on East […]
News Release: Healthpeak Reports Fourth Quarter and Year Ended 2021 Results
NEWS PROVIDED BY Healthpeak Properties, Inc. Feb 08, 2022, 16:15 ET DENVER, Feb. 8, 2022 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) today announced results for the fourth quarter and full year ended December 31, 2021. FOURTH QUARTER 2021 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS – Net income of $0.05 per share, Nareit FFO of $0.41 per share, FFO as Adjusted of $0.41 per share, and blended Total […]
News Release: NAI Partners Investment Sales team arranges sale of 5040 Crenshaw Rd, a 18,730-sq.-ft. medical office facility on 1.93 acres in Pasadena (Texas)
Houston, TX, February 8, 2022 – NAI Partners—the commercial real estate services business of Partners Real Estate Company—recently arranged the sale of 5040 Crenshaw Rd., an 18,730-sq.-ft. medical office facility on 1.93 acres, on behalf of Preston Medical Realty, in Pasadena, Texas. 5040 Crenshaw NAI Partners’ Cary Latham and Wyatt Huff represented the seller […]
News Release: The Howard Hughes Corporation® announces plans for $325 million rejuvenation of Lakefront District in Downtown Columbia®
First Tranche of Development to Include $45.8 Million New State-of-the-Art Medical Office Building DOWNTOWN COLUMBIA, Md., Feb. 8, 2022 /PRNewswire/ — The Howard Hughes Corporation® (NYSE: HHC) today announced that it plans to invest approximately $325 million in the Lakefront District in Downtown Columbia®, launching the next phase of the city’s rejuvenation. New development will […]
News Release: Just Closed – Centum Health Arizona & Colorado Medical Office Portfolio
Capital Markets | Healthcare & Life Sciences Just Closed Just Closed :: Centum Health Arizona & Colorado Medical Office Portfolio Four-Property, Stabilized Class A Medical Office Portfolio in the Path of Growth Transaction Highlights Date Closed 01/21/2022 Sale Price $56,000,000 Size ±180,000 SF Occupancy 80% Location Arizona & Colorado Centum Health Arizona & Colorado Medical Office Portfolio CBRE U.S. Healthcare […]
News Release: Nearly 112,000 Square Feet of Investments Builds Upon Anchor Health Properties’ Existing Atlanta MSA Portfolio
FOR IMMEDIATE RELEASE February 07, 2022 (Atlanta, GA) Further growing its existing 14 asset, 569,820 square foot owned and managed medical office portfolio in the Atlanta and Athens Georgia MSA, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on healthcare facilities, has recently closed on […]
News Release: Sold: Physician-Owned Surgical Hospital | Transfer, PA
SOLD PHYSICIAN-OWNED SURGICAL HOSPITAL TRANSFER, PENNSYLVANIA HREA healthcareREA.com Sale Announcement HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a physician-owned surgical hospital located in Transfer, PA. Edgewood Surgical Hospital is an award-winning physician-owned hospital serving Western Pennsylvania, as well as other metropolitan areas within eastern Ohio and New […]
News Release: H2C Advises ProHealth on Acquisition of Leased Real Estate
H2C Advises Health System on Acquisition of Leased Real Estate H2C Securities Inc. (“H2C”), a healthcare-focused investment banking firm, served as the exclusive real estate and financial advisor to ProHealth Care, a Wisconsin-based not-for-profit health system (the “System” or “ProHealth”), in connection with its acquisition of two medical office buildings and a rehabilitation hospital (the […]
News Release: Vitalis & Advenir add Rockford, IL Plastic Surgery Center to Medical Office Portfolio.
FOR IMMEDIATE RELEASE The off-market transaction closed on February 3, 2022. Rockford, IL (February 3, 2022) Vitalis and Advenir JV, acquire Rockford Plastic Surgery Center located at 5995 Spring Creek Rd in Rockford, IL for $5,275,000. The 14,400 square foot medical office building is fully occupied by Pryor Health on a fifteen-year NNN lease. Founded […]
News Release: BMO Harris Healthcare Real Estate Finance provides a $12.4 Million Credit Facility for Rendina Healthcare Real Estate & BentallGreenOak
Chicago, February 2022 – BMO Harris Bank’s Healthcare Real Estate Finance group announces that it has closed on a $12.4 million construction loan to Rendina Healthcare Real Estate and BentallGreenOak to finance a 35,124 GSF free standing emergency department and medical office building in Arlington, TN. The building is 100% pre-leased and features a strong […]
News Release: IRA Capital Acquires Naples Surgical Hospital in Southwest Florida
February 3, 2022, Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of Naples Surgical Center, an 86,300 square foot state-of-the art surgical hospital and multi-specialty care center in Naples, Florida. The Class-A medical facility was constructed in 2015 and is 100% occupied by two of Southwest Florida’s leading health […]
News Release: UChicago Medicine announces $633M proposal for city’s first freestanding cancer center
February 3, 2022 The University of Chicago Medicine plans to build a $633 million, 500,000-square-foot facility dedicated to cancer care on its medical campus on the city’s South Side, representing one of the largest investments made by the academic health system for patients and the community. The plan for Chicago’s first freestanding clinical cancer center […]
News Release: Bridge Announces Multiple Leases, Executes Partial Flip at Willow Oaks Corporate Center
FEBRUARY 3, 2022 Totaling 61,000 square feet of both medical and office space, the leases come on the heels of recent acquisition and partial flip that pushes firm’s Metro D.C. portfolio to nearly two million square feet SALT LAKE CITY — Bridge Commercial Real Estate, a commercial brokerage subsidiary of Bridge Investment Group, announced today […]