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News Release: VMG Health expands advisory services with addition of two new executives
VMG Health, the market leader in providing full-service healthcare advisory, consulting and transaction related services, is pleased to announce it is expanding services in the advisory division to support clients’ ever evolving needs. “VMG is excited to add Jack Wolf and Patrick Solomon to our growing advisory practice. Both Jack and Patrick have extensive experience […]
News Release: CLOSED | $1Bn MOB JV & Portfolio Recap & $157M Debt Financing (Cornerstone)
HEALTHCARE CAPITAL MARKETS NEWMARK CLOSING ANNOUNCEMENT $1IBN Joint Venture $215M Portfolio Recap $157M Loan Placement MOB Portfolio Recapitalization and Programmatic Joint Venture on Behalf of the Cornerstone Companies Nationwide SEPTEMBER 2021 The Newmark Healthcare Capital Markets Team arranged the sale Of a 25 building MOB portfolio located throughout the country. The $215 million portfolio consists predominantly Of purpose-built […]
Transactions: A big purchase, a big sale in Southern California for Meridian
In Beverly Hills, firm/JV partner pay $81.5M for MOB; in Santa Ana, firm sells MOB for $29.9M By John B. Mugford Early October has been a busy time for Walnut Creek-based Meridian, which is well known in the healthcare real estate (HRE) sector for adding value to medical office buildings (MOBs) it acquires. In separate […]
News Release: Newmark Arranges Recapitalization for 25 Medical Office Building Portfolio and Programmatic Joint Venture on Behalf of Cornerstone Companies, Inc.
Newmark’s Healthcare Capital Markets Group Advised Cornerstone Companies and worked in Partnership with its Debt and Structured Finance Practice to Procure Financing for the Joint Venture New York, NY (October 12, 2021) — Newmark announces the firm has advised on the recapitalization of a 25-property medical office building portfolio on behalf of Indianapolis-based Cornerstone Companies, […]
Transactions: Patience pays off for Anchor in its most-recent MOB purchase
Firm acquires a fully occupied, 129,000 s.f. MOB in Las Vegas; total investment will be $45M By John B. Mugford It looks as if patience is not only a virtue in life but also in the highly competitive medical office building (MOB) acquisitions arena as well. On the surface, Media, Pa.-based Anchor Health Properties’ recent […]
News Release: Montecito Medical Acquires Medical Property in L.A. Metro Area
FOR IMMEDIATE RELEASE October 12, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical building housing the Pomona Valley Health Center in the Los Angeles suburb of La Verne. The property, which offers slightly under 40,000 square feet of space, is […]
News Release: Healthcare Trust of America, Inc. Issues Statement in Response to Letter from Elliott
NEWS PROVIDED BY Healthcare Trust of America, Inc. Oct 11, 2021, 13:41 ET SCOTTSDALE, Ariz., Oct. 11, 2021 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA” and “the Company”) today issued the following statement in response to a letter issued by Elliott Investment Management (“Elliott”). HTA’s Board of Directors and management team are committed […]
News Release: Elliott Sends Letter to Board of Healthcare Trust of America, Inc.
Highlights Long-Term Underperformance and Frustrated Shareholders Urges HTA to Conduct a Strategic Review NEWS PROVIDED BY Elliott Investment Management L.P. Oct 11, 2021, 12:29 ET WEST PALM BEACH, Fla., Oct. 11, 2021 /PRNewswire/ — Elliott Investment Management L.P. and its affiliates (together “Elliott”), which is one of the largest investors in Healthcare Trust of America, Inc. […]
News Release: Anchor Health Properties Acquires a nearly 130,000 Square Foot Medical Office Building through an Off-Market Transaction
FOR IMMEDIATE RELEASE October 11, 2021 (Las Vegas, NV) 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 the off market acquisition of a four story, 129,000 square foot best in region medical office building located in the greater […]
News Release: MidCap Financial Closes First Mortgage Loan on 92-Unit Seniors Housing Community on St. Simon’s Island, GA
PRESS RELEASE BETHESDA, MD, October 5, 2021 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a transaction with Winterpast Capital Partners, Broadview Real Estate Partners and Vitality Senior Living. The $14.25MM floating rate first mortgage loan facilitated the acquisition and repositioning of Vitality at Frederica, […]
News Release: Blueprint closes 550,000 square foot portfolio consisting of 7 medical office buildings spanning 6 states
Medical Office DONE DEAL: CLOSING TIME Blueprint MOB team leverages national network and institutional expertise to successfully execute sale of complex portfolio Hired by a public REIT, Blueprint’s MOB team successfully marketed the portfolio through a national process and found the right buyer for their client ~ The portfolio consisted of medical office properties ranging […]
News Release: Meridian Purchases 67,510 SF Medical Office Building in Beverly Hills, California for $81.5 Million in Off-Market Transaction
FOR IMMEDIATE RELEASE: NEWPORT BEACH, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of Beverly Hills Medical Plaza, a 67,510-square-foot, three-story Class-A medical office building in Beverly Hills, California. The property was purchased as part of […]
News Release: Meridian Sells Newly Renovated 53,500 SF Medical Office Building in Santa Ana for $29.9 Million
FOR IMMEDIATE RELEASE: NEWPORT BEACH, Calif. – Meridian, a full-service real estate developer, operator and owner of medical real estate, is pleased to announce that the company has closed escrow on the sale of its newly renovated, 53,574-square-foot medical office building in Santa Ana, California, to a large Southern California healthcare provider. The purchase price […]
News Release: Cushman & Wakefield Adds Leading Broker, Alexandra Loye, to Capital Markets and Life Science Groups in Phoenix, AZ
For Immediate Release Seasoned professional one of the top life science and healthcare brokers in Arizona over the last decade PHOENIX, Ariz., October 7, 2021 – Cushman & Wakefield announced seasoned broker Alexandra Loye has joined the firm as an Executive Managing Director in Phoenix, where she will be a member of its Capital Markets […]
News Release: Cambridge Holdings To Develop Healthcare, Health & Wellness District At Frisco Station
FRISCO, Texas (October 7, 2021) – Dallas-based Cambridge Holdings Incorporated, a national healthcare, commercial office and mixed-use real estate firm, has entered into an exclusive agreement with the Frisco Station Partnership to develop healthcare and health and wellness-related projects within Frisco Station, a 242-acre mixed-use development in Frisco. This agreement will commence the Health and […]