News Release: Marcus & Millichap Capital Corporation Arranges $20.8 Million Construction Loan and PACE Financing for a Hospital in Venice, Florida
VENICE, FLORIDA – November 5, 2024 – Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, has arranged $20.8 million in financing for the construction of a 40-private room, inpatient rehabilitation hospital in Venice, Florida (Sarasota MSA). The MMCC Capital markets team was led by Dallas-based senior […]
Cover Story: A Bronx tale – with an HRE twist
Simone Development has a healthcare real estate portfolio topping 3 million s.f. and growing By John B. Mugford In the Greater Tri-State area centered on New York City, Bronx, N.Y.-based Simone Development Companies has become quite well known for building and owning a wide array of property types. The company is also well-known for – […]
Transactions: AW Property Co. buys three MOBs
Firm paid $54.56 million for the 162,000 s.f. portfolio with a cap rate of 6.6% By John B. Mugford North Palm Beach, Fla.-based AW Property Co. has acquired a three-MOB portfolio with 162,000 square feet of space in Jupiter, where two buildings are located, and Baco Raton for $54.56 million, or about $337 per square […]
News Release: Easterly Government Properties Reports Third Quarter 2024 Results
WASHINGTON–(BUSINESS WIRE)–Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced its results of operations for the quarter ended September 30, 2024. Highlights for the Quarter Ended […]
News Release: Programmatic Joint Venture and Recapitalization Announced Between Woodside Health and Heitman
For Immediate Release: Cleveland, OH (November 4, 2024) Woodside Health and Heitman announce the recapitalization of a four-property, 315,000-square-foot medical outpatient portfolio, which is part of a $350m programmatic joint venture. This recapitalization will seed the second joint venture between the Cleveland, Ohio-based medical office building acquisition and management firm Woodside Health, LLC (“Woodside”) and […]
