xxx

News Release: Remedy Medical Properties and Kayne Anderson Real Estate acquire $131 million, 13-property portfolio

FOR IMMEDIATE RELEASE Acquisition of the 300,328-square-foot Project Prism (Montecito) Portfolio consisting of 13 fully leased medical office properties in eight states closed in late December CHICAGO and BOCA RATON, Fla., Jan. 4, 2023 – Joint venture (JV) partners Remedy Medical Properties and Kayne Anderson Real Estate announced today that they have acquired the Project […]

News Release: GFH Acquires Big Sky Asset Management

News Release: GFH Acquires Big Sky Asset Management

The acquisition further enhances GFH’s US presence Builds on its thematic focus on attractive and defensive markets Manama, 03 January 2023 – GFH Financial Group (“GFH” of the “Group”) today announced it has completed the acquisition of a majority stake in Big Sky Asset Management (“Big Sky”), a US-based real estate asset manager focused on […]

Feature Story: HRE developers see plenty of opportunities in 2023

Feature Story: HRE developers see plenty of opportunities in 2023

Headwinds are likely to slow activity, but the need for projects will remain strong By John B. Mugford With so many economic headwinds facing almost all business sectors, even the recession-resistant healthcare real estate (HRE) sector, why is a group of development professionals involved in the HRE space remaining so optimistic? Both medical office building […]

News Release: Remedy Medical Properties and Kayne Anderson Real Estate acquire $131 million, 13-property portfolio

FOR IMMEDIATE RELEASE Acquisition of the 300,328-square-foot Project Prism (Montecito) Portfolio consisting of 13 fully leased medical office properties in eight states closed in late December CHICAGO and BOCA RATON, Fla., Jan. 4, 2023 – Joint venture (JV) partners Remedy Medical Properties and Kayne Anderson Real Estate announced today that they have acquired the Project […]

News Release: Bristol Myers Squibb Completes Sale of Manufacturing Facility in Syracuse, New York

News Release: Bristol Myers Squibb Completes Sale of Manufacturing Facility in Syracuse, New York

January 03, 2023 06:59 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–Bristol Myers Squibb (NYSE: BMY) has completed the previously announced sale of its manufacturing facility in Syracuse, New York to LOTTE BIOLOGICS. The divestiture is part of Bristol Myers Squibb’s ongoing evolution of its manufacturing network to support its product portfolio. As part of the […]

News Release: Stonemont Financial Group Acquires Premier MOB in Alpharetta

News Release: Stonemont Financial Group Acquires Premier MOB in Alpharetta

The firm has plans for a significant capital improvement program at Preston Ridge Medical Office Building, which houses Northside Hospital and a number of top healthcare providers ATLANTA (Jan. 2, 2023) – Stonemont Financial Group, a private real estate investment firm specializing in industrial development, acquisitions, net lease investments, and healthcare announced today that it […]

XXX

Feature Story: The top 10 healthcare real estate stories of 2022

A look at some big deals and JVs; slowing MOB sales; health system struggles By John B. Mugford As we entered 2022 and it looked as if the COVID-19 pandemic was finally in the rearview mirror, most of professionals involved healthcare real estate (HRE) were confident that good things were on the horizon for the […]

News Release: Flagship Healthcare Properties’ REIT Acquires Winter Haven Medical Office Building

News Release: Flagship Healthcare Properties’ REIT Acquires Winter Haven Medical Office Building

Newly Renovated Property is home to Center for Retina and Macular Disease CHARLOTTE, N.C. — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, has acquired a Class A medical office building (MOB) located at 250 Avenue K SW in Winter Haven, Florida. The 27,910-square-foot property was originally built in 2005 and renovated in […]

News Release: Gemini Rosemont adds Peninsula Life Science Center eight-story office building to portfolio in all cash transaction

News Release: Gemini Rosemont adds Peninsula Life Science Center eight-story office building to portfolio in all cash transaction

LOS ANGELES – December 21, 2022 – Gemini Rosemont Commercial Real Estate, a vertically integrated real estate investment management firm specializing in Class A multi-tenant office and luxury residential properties, has acquired Peninsula Life Science Center for $59,350,000. The eight-story office building located at 1828 El Camino Real in the San Francisco Peninsula’s city of […]

News Release: Northmarq finalizes $20 million refinance of medical office property located in Beverly Hills central business district

News Release: Northmarq finalizes $20 million refinance of medical office property located in Beverly Hills central business district

Medical Office – Debt LOS ANGELES, CALIFORNIA (December 21, 2022) – Ory Schwartz, senior vice president/managing director of Northmarq’s Los Angeles debt/equity team arranged the $20 million refinance of a 126,567 sq. ft. class A office property. Located at 8750 Wilshire Boulevard in Beverly Hills’ central business district, the property was originally built in 1991 […]

News Release: Closing Announcement - Crouse Medical Center (Syracuse, N.Y.)

News Release: Closing Announcement – Crouse Medical Center (Syracuse, N.Y.)

Newmark Healthcare Capital Markets nmrk.com CLOSING ANNOUNCEMENT HEALTHCARE CAPITAL MARKETS CROUSE MEDICAL CENTER HUB OUTPATIENT CAMPUS SYRACUSE, NY | DECEMBER 2022 175,000 SF ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Newmark announces the sale of the 175,000 square foot Crouse Medical Center, an outpatient campus along the “main and main” East Syracuse healthcare cluster of Brittonfield Parkway. The campus is nearly 100% […]

News Release: Buchanan Street Partners Acquires Laguna Hills (Calif.) Medical Office Conversion Property For $28,100,000

News Release: Buchanan Street Partners Acquires Laguna Hills (Calif.) Medical Office Conversion Property For $28,100,000

Laguna Hills, CA (December 20, 2022) – Buchanan Street Partners, a Newport Beach, California-based real estate investment management firm, acquired Oakbrook Plaza, a four-story, 120,354 square foot office property in Laguna Hills, California. Buchanan is purchasing the building, at 24422 Avenida De La Carlota, from a New York City-based fund manager for $28,100,000 in an […]

Feature Story: Outpatient is the place to be as demand rises

Feature Story: Outpatient is the place to be as demand rises

MOBs remain a haven for investors, Cushman webinar panelists say By John B. Mugford The COVID-19 pandemic brought about many changes in how people go about their lives and conduct business. One well-known trend that was already underway long before the pandemic is the rising proportion of patient care delivered in outpatient facilities. That change […]

News Release: JLL arranges major capitalization for Gattuso Development’s new Philadelphia life sciences project

News Release: JLL arranges major capitalization for Gattuso Development’s new Philadelphia life sciences project

News Release The state-of-the-art building at 3201 Cuthbert Street will be the largest life sciences research and lab facility in the city PHILADELPHIA, Dec. 19, 2022 – JLL’s Capital Markets group announced today that it has arranged a $290 million construction loan that will allow project partners Gattuso Development Partners and Vigilant Holdings of New […]

News Release: Recent Sale | Medical Office Building | California

News Release: Recent Sale | Medical Office Building | California

Recent Sale Swettenham Ortiz Healthcare Team Colliers | Sacramento | December 19, 2022 1050 Iron Point Road, Folsom, CA 16,138 SF Medical Office Building We are pleased to announce the sale and lease of a single tenant medical clinic and imaging center building. The building is situated in a high demographic, Class A neighborhood, and […]