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News Release: Realty Trust Group Helps Develop and Manage New UT Medical Center Orthopaedic Institute
KNOXVILLE, Tenn., Sept. 15, 2022 — Realty Trust Group (RTG) partnered with leaders from The University of Tennessee (UT) Medical Center, OrthoTennessee, and UT Research Park at Cherokee Farm to develop a new orthopaedic institute in Knoxville, TN. For a video on the project, please click here. “This joint venture facility provides the opportunity to better […]
News Release: Vitalis Acquires Off-Market MOB for $6,250,000 in Rochester, NY.
The transaction closed on September 15th, 2022. Vitalis closed on a 19,000 SF campus adjacent medical office building located at 1255 Portland Ave in Rochester, NY. The building sold for $6,250,000 or $328 / SF. Rochester Radiology, Rochester Colon and Rectal Surgeons and Rochester Podiatry lease 100% of the facility on long term NNN leases. […]
News Release: Vitalis Acquires Off-Market MOB for $7,050,000 in Columbus, OH.
COLUMBUS, Ohio, Sept. 15, 2022 — Vitalis acquired a 19,210 SF Surgical Dermatology and ASC facility located at 428 County Line Rd W, Westerville, OH 43082. The building sold for $7,050,000 or $367 / SF. The Tenant, Qualderm Partners, occupies 100% of the facility on a long term NNN lease. The purpose built facility offers […]
News Release: MDH finds proposed Fairview Health Services and Acadia Healthcare mental health hospital in the public interest
ST. PAUL, Minn., Sept. 12, 2022 — The Minnesota Department of Health (MDH) has found that moving forward with a new, free-standing mental health hospital in Saint Paul is in the public interest due to a lack of inpatient mental health beds. Despite this conclusion, MDH acknowledged significant concerns about the new facility as proposed. […]
News Release: CBRE Arranged Sale of Silicon Valley Medical Office Building for $19.5 Million
SAN JOSE, CALIF. – September 14, 2022 – CBRE arranged the $19.5 million sale of 625 Lincoln Avenue in San Jose from The Sobrato Organization to the property’s tenant, El Camino Health. Scott Prosser, Joe Moriarty, Jack DePuy, Mike Taquino, Kyle Kovac, and Alec Haley of CBRE represented the seller, The Sobrato Organization. “The property […]
News Release: HREA Purchases Retail Property in Huntingdon (N.Y.)
Hildreth Real Estate Advisors recently announced that they had acquired a new retail property in Huntington, Long Island, for over 4 million dollars. NEW YORK, September 14, 2022 (Newswire.com) – New York City-based real estate company Hildreth Real Estate Advisors recently announced that they had acquired a new retail property in Huntington, Long Island. This […]
News Release: Seavest acquires six emergency hospitals in Dallas-Forth Worth metroplex
This acquisition, totaling 190,000 square feet, is the firm’s latest addition to its medical real estate investment portfolio. DALLAS-FORT WORTH, TX., and WHITE PLAINS, N.Y., September 14, 2022 – Seavest Healthcare Properties, LLC, the White Plains and New York City based real estate investment management firm has announced their recent acquisition of six Baylor Scott […]
News Release: MH Deschaumes is Real Estate Advisor of Record for Calko Medical Center, Brooklyn, NY
Maarten Deschaumes arranged the transaction and negotiated the deal for over a year between the two parties. About MH Deschaumes: Maarten Deschaumes is a real estate investment advisor and capital markets professional focusing exclusively on alternative real assets including healthcare real estate. In this capacity, his responsibilities include the execution of investment advisory and joint […]
News Release: OGA Partners with Heritage Medical Associates, Opens New Mt. Juliet Medical Office Building
New facility provides patients access to primary care and six specialties NASHVILLE, Tenn., Sept. 13, 2022 – Oman-Gibson Associates (OGA), a full-service health care real estate firm based in Nashville, recently completed construction on a medical office building in partnership with Heritage Medical Associates. The 87,000 square foot building, which is home to more than […]
News Release: Seniors housing community in Dallas-Fort Worth suburb sold
JLL Capital Markets closed the sale of the 75-unit Quail Park of Granbury in Granbury, TX DALLAS, September 12, 2022 – JLL Capital Markets announced today that it has closed the sale of Quail Park of Granbury, a 75-unit independent living, assisted living and memory care community in Granbury, Texas, a growing suburb of Dallas-Fort […]
News Release: LTC Completes $62 Million Joint Venture Investment for Purchase of Three Skilled Nursing Centers
— Centers Operated by Partner New to LTC — WESTLAKE VILLAGE, Calif., Sept. 12, 2022–(BUSINESS WIRE)–LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced a joint venture investment for the purchase of three skilled nursing centers, operated by a partner new to […]
News Release: Sanders Capital Partners Completes $12.4 Million Surgical Dermatology Portfolio Acquisition
Birmingham-based Firm Completes Multiple Acquisitions in Alabama Birmingham, Ala., Sept. 12, 2022 – Sanders Capital Partners, LLC, a Birmingham-based real estate acquisition and development firm, has recently completed the purchase of the three dermatology medical practice buildings located in Vestavia Hills, Montgomery and Gadsden, Alabama, totaling $12.4 million. The collective 28,137 square-foot medical office and […]
News Release: Ventas Appoints Sumit Roy, CEO of Realty Income, to Board of Directors
Robert Reed to Retire from the Board at 2023 Annual Meeting CHICAGO, Sept. 12, 2022 (BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) today announced that Sumit Roy, President and Chief Executive Officer of Realty Income Corporation – a real estate investment trust (REIT) with a diversified portfolio of over 11,400 freestanding commercial properties across the United States, […]
News Release: Nuveen Global Cities REIT Acquires Another $300 Million of Medical Office Properties, Surpassing $2.5 Billion in Total Gross Asset Value
Acquisition increases Nuveen Global Cities REIT Medical Office Portfolio to 1.2 million sq. ft. through a high-quality ten asset portfolio. NEW YORK, NY, September 8, 2022 — Nuveen Global Cities REIT, Inc. (“GCREIT”) recently closed on the acquisition of a 10-building healthcare portfolio located in the high growth markets of Atlanta, GA, Pittsburgh, PA, Tampa, […]
News Release: Prime Healthcare Services, Inc. completes the repurchase of hospitals and medical office buildings from Medical Properties Trust
Prime now owns all operations and the real estate for the majority of its hospitals ONTARIO, Calif., Sept. 8, 2022, (BUSINESS WIRE)–On September 1, 2022, Prime Healthcare Services, Inc. completed the repurchase of nine general acute care hospitals and two related medical office buildings from Medical Properties Trust, Inc. for approximately $360 million. Prime Healthcare […]
