News Release: Fairfield Advisors announces sale of Central Louisiana Surgical Center and Medical Office Building in Alexandria, LA.
– $42,000,000 Transaction – (Denver, CO. ) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Central Louisiana Surgical Center and Medical Office Building located at 651 N. Bolton Avenue in Alexandria, Louisiana. The building was built in 2007, totals 82,500 square feet, and contains […]
Companies: JV of Catalyst, National R.E. Advisors to invest $1.5 billion
The two firms kick off their new JV partnership with a $420M recapitalization/acquisition By John B. Mugford One of the dominant themes in the healthcare real estate (HRE) sector in recent years has been that of experienced HRE companies teaming up with well-capitalized investment firms for facility development and acquisitions. The operating companies contribute industry […]
News Release: Cushman & Wakefield Advises Sale of Sycamore Health Center in North San Diego for $11.25 Million
For Immediate Release Single-tenant NNN property in Vista fully leased to UCSD Health SAN DIEGO, Calif., – January 18, 2022 – Cushman & Wakefield announced the firm has advised the sale of a single-tenant, triple Net (NNN) leased medical office building in Vista (San Diego), California. The asset consists of a two-story 20,282-square-foot building located […]
News Release: Medical office in Durham trades to new investor
JLL Capital Markets led sales efforts for Duke Medical Plaza at Patterson Place in Durham, North Carolina RALEIGH, Jan. 14, 2021 – JLL Capital Markets announced today that it has closed the sale of Duke Medical Plaza at Patterson Place, a 59,978-square-foot medical office building in Durham, North Carolina. JLL represented the seller, BP Phase2, […]
News Release: MedProperties Realty Advisors and Heitman acquire leading Louisiana surgical hospital in joint venture
FOR IMMEDIATE RELEASE The 21-bed, 60,087-square-foot Avala Hospital offers innovative, minimally invasive robotics-assisted surgeries for hip and knee replacements and other procedures COVINGTON, La., and DALLAS, Jan. 14, 2022 — MedProperties and Heitman LLC (“Heitman”), in their first joint venture (JV) together, have acquired the 21-bed, 60,087-square-foot Avala Hospital in Covington. MedProperties Realty Advisors LLC, a […]
News Release: IRA Capital acquires University Health medical office buildings
January 14, 2022, Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two newly constructed medical office buildings in Martinez (Augusta), Georgia and Aiken, South Carolina. Both buildings are 100% occupied and leased to University Health Care System (“UH”), a leading health system in Augusta-Richmond County and the surrounding […]
News Release: IRA Capital acquires ProHealth Care headquarters in Wisconsin
January 13, 2022, IRA Capital (“IRA”) is pleased to announce the acquisition of the ProHealth Care Headquarter Building in Waukesha (Milwaukee), Wisconsin. The 112,000 square-foot premier office property was constructed in 2002 as a built-to-suit headquarter location for ProHealth Care Inc. (“ProHealth”). ProHealth is the largest health system between Milwaukee and Madison with more than […]
News Release: SRS’ National Net Lease Group Brokers Sales of Four WellNow Urgent Care Assets Totaling $12 Million in New York
Newport Beach, CA (January 13, 2022) – SRS Real Estate Partners’ National Net Lease Group (NNLG) announced today it has completed four sales of WellNow Urgent Care-occupied assets totaling approximately $12 million in New York. SRS NNLG’s Vice President Britt Raymond and Kyle Fant represented the buyer and seller in all the transactions. The team […]
News Release: National Real Estate Advisors and Catalyst Healthcare Real Estate Invest $420 Million Across Two Portfolios
WASHINGTON, DC (January 13, 2022) – National Real Estate Advisors, LLC (“National”), an investment manager developing and managing large-scale projects on behalf of its clients, through its recently formed joint venture with Catalyst Healthcare Real Estate (“Catalyst”), has completed the acquisition and recapitalization of two multi-state healthcare portfolios totaling $420 million (the “Portfolios”). “These transactions […]
News Release: Hicks Ventures Announces $100 Million Healthcare Development Joint Venture With Artemis Real Estate Partners
Houston, TX (January 13, 2022) — Hicks Ventures, a Houston-based, privately held development company, signed a $100 million joint venture agreement with metropolitan Washington, DC-based Artemis Real Estate Partners (Artemis) to develop national Inpatient Rehabilitation Facilities (IRFs) and Behavioral Health Hospitals (BHHs). “This joint venture will give our Operator Partners surety of close and execution,” […]
News Release: Newmark Completes $815 Million Sale of Charles Park in Cambridge, Massachusetts
The Davis Companies and Principal Real Estate Investors sell two-building, 408,259-square-foot office complex and associated parking garage with plans for a life science facility NEWS PROVIDED BY Newmark Group, Inc. Jan 11, 2022, 15:55 ET BOSTON, Jan. 11, 2022 /PRNewswire/ — Newmark announces the $815 million sale of Charles Park, a two-building office complex and associated […]
News Release: Matthews brokers $5.97m sale of ATL MSA healthcare clinic
12 Jan 2022 Atlanta, GA – Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, completed the sale of Atlanta Heart Specialists, a cardiology practice located at 4375 Johns Creek Parkway, Suwanee, GA. The facility is positioned in a well-known medical complex adjacent to major hospital, Emory Johns Creek Hospital. […]
News Release: SOLD – Inpatient Rehabilitation Hospital | Coralville, IA
SOLD Coralville Iowa Inpatient Rehabilitation Hospital Sale Announcement HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of an inpatient rehabilitation hospital located in Coralville, IA. Mercy Iowa City Rehabilitation Hospital was recently constructed in 2020 in partnership Mercy Iowa City, an affiliate of MercyOne, and Kindred Healthcare to address […]
News Release: Newmark Arranges Disposition of 15-Building Medical Office Portfolio and Facilitates Acquisition Financing
FOR IMMEDIATE RELEASE Assets are located across high-growth Sunbelt states Philadelphia, PA (Jan. 12, 2021) — Newmark announces it has facilitated the sale of the Southern Core Medical Office Portfolio, a 15-building, approximately 400,000-square-foot medical office building portfolio located across seven Sunbelt states. Newmark Executive Managing Director Ben Appel, Senior Managing Directors Jay Miele and […]
News Release: CIM Group Provides $147.65 Million Loan for 319,000-Square-Foot Office Building in Medford, Massachusetts
CIM Group Provides $147.65 Million Loan for 319,000-Square-Foot Office Building in Medford, Massachusetts January 12, 2022 09:30 AM Eastern Standard Time MEDFORD, Mass.–(BUSINESS WIRE)–CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer, announced today that a CIM-managed fund has closed a $147.65 million loan to The Davis Companies (Davis) and Partners […]