Transactions: 18-MOB, 750,000 s.f. portfolio closes for $323 million
Newmark represents the seller, Montecito; HREI learns the buyer was Fengate Capital By John B. Mugford Shortly before this week’s e-newsletter deadline, HREI learned of the closing of a $323 million portfolio sale-recapitalization of a portfolio of 18 medical outpatient buildings (MOBs) and ambulatory surgery centers (ASCs) totaling about 750,000 square feet across 11 states. […]
News Release: Newmark Arranges $323 Million Sale and $233 Million Financing of National Medical Outpatient Portfolio
FOR IMMEDIATE RELEASE Canadian infrastructure fund acquires 18-property portfolio totaling 750,000 square feet across the U.S. New York, NY (Nov. 4, 2025) — Newmark announces the Company has arranged the $323 million sale and $233 million acquisition financing of Project Lotus—a 750,000-square-foot medical outpatient portfolio located across 11 U.S. markets. Newmark Co-Heads and Vice Chairmen […]
Feature Story: Q1-Q3 MOB sales were the lowest in a decade
Volume remains slow, Revista says, but the Remedy-Kayne deal will boost Q4 by billions By John B. Mugford Although medical outpatient building (MOB) sales volume remained mired in a slump through the first three quarters of 2025, everyone involved in the sector understands that the volume will rise dramatically in the fourth quarter (Q4). That’s […]
