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News Release: Montecito Acquires Two Orthopedic Medical Office Properties in Cincinnati
Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of two orthopedic medical office buildings in the Cincinnati area. The buildings, which have a combined total of more than 130,000 square feet, are fully leased to Beacon Orthopedics, the Cincinnati area’s dominant orthopedic practice. Each of the properties […]
News Release: Wolf Capital Partners buys medical office building in the Heights
A 120,000-square-foot medical office building in the Heights has traded hands. Houston-based Wolf Capital Partners paid an undisclosed amount to acquire Heights Medical Tower at 427 W. 20th St. Harris County Appraisal District records said the building was valued at $786,000 as of Jan. 1, 2021. Wolf Capital Partners said it plans to rebrand the […]
News Release: DELL CHILDREN’S NORTH
Dell Children’s has a bold vision to enable children and families to remain close to home for care, no matter the diagnosis. As the Central Texas community continues to grow, existing space at Dell Children’s is over capacity. In addition to growth and expansion at the main Dell Children’s campus, Dell Children’s Medical Center has […]
News Release: Dwight Capital & Dwight Mortgage Trust Close Over $191MM in Seniors & Healthcare Financing During Q4 2022
NEW YORK–(BUSINESS WIRE)–Dwight Capital and its affiliate REIT, Dwight Mortgage Trust, financed over $191MM in seniors and healthcare financing during Q4 2022. Featured among the transactions are bridge loans for a Skilled Nursing Facility (“SNF”) Portfolio in Florida and a SNF Portfolio in Georgia. Dwight closed a $39MM bridge loan to facilitate the acquisition of […]
News Release: Beam Signing Celebrates New Medical Office Building on the Campus of Riverside Doctors’ Hospital Williamsburg
Today, Riverside Doctors’ Hospital Williamsburg (RDHW) held a celebratory beam signing ceremony to mark a milestone in the construction progress for the Medical Office Building (MOB) scheduled to open in Spring 2024. Guests were provided the opportunity to sign the 33’-0” long structural beam which was placed on the northeast corner of the building. “We […]
News Release: Keystone Unlocks Additional Life Sciences Space at The Curtis to Meet Growing Demand
CONSHOHOCKEN, Pa.–(BUSINESS WIRE)–Keystone announced it will convert an additional 200,000 square feet of The Curtisfor life sciences and biotech to provide the mission-critical infrastructure needed to meet the surging demand for lab space in Philadelphia’s Center City. The reconfiguration will give The Curtis more than 325,000 square feet of laboratory space in the 12-floor, 912,245-square-foot […]
News Release: Keystone Unlocks Additional Life Sciences Space at The Curtis to Meet Growing Demand
CONSHOHOCKEN, Pa.–(BUSINESS WIRE)—Keystone announced it will convert an additional 200,000 square feet of The Curtisfor life sciences and biotech to provide the mission-critical infrastructure needed to meet the surging demand for lab space in Philadelphia’s Center City. The reconfiguration will give The Curtis more than 325,000 square feet of laboratory space in the 12-floor, 912,245-square-foot […]
News Release: Done Deal: Blueprint Shops Local
Blueprint assists publicly traded REIT in divesting a non-strategic Seniors Housing community in the Tampa, Florida MSA The asset is located in the densely populated and growing St. Petersburg submarket and offered 57 units of both Assisted Living and Memory Care … Originally constructed in the 1960s, the community was positioned as one of the […]
Thought Leaders: JLL Healthcare Perspectives – Capital Markets
Change in benchmark interest rates Source: Bloomberg Key points: · 2022 was a watershed year with rising interest rates which were at historically low levels in the last decade. Floating rate benchmarks increased 4.36% in 2022 and, importantly for medical office lending, 5-year swap rates increased more than 2.00%. The divergent trend in these rates led to […]
News Release: MedSouth Healthcare Properties is pleased to announce the recent acquisition of an off market portfolio
Kinston, NC and Jacksonville, NC – MedSouth Healthcare Properties is pleased to announce the recent acquisition of an off market portfolio of properties located at 2541 N. Queen St., and 4 Josh Court. Both properties are occupied by the Atlantic Medical Group. The properties have been acquired as a sale leaseback transaction under a long-term, […]
News Release: Montecito Medical Acquires Veterinary Property in Charleston, SC
NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical and veterinary office properties nationwide, has completed the acquisition of a veterinary property in Charleston, SC. The 16,000 square-foot facility is home to Charleston Veterinary Referral Center, the most advanced and comprehensive specialty emergency and referral practice in the Southeastern U.S. The practice is one of […]
News Release: Cushman & Wakefield’s Healthcare Capital Markets Team Sells 120,000-SF South Carolina Oncology Associates Cancer Center
Healthcare Real Estate-Focused Private Equity Firm Acquires Fully Occupied Office Building in Columbia, South Carolina CHICAGO, January 24, 2023 – Cushman & Wakefield announced today that the firm was involved in the sale of the South Carolina Oncology Associates Cancer Center. Cushman & Wakefield’s Gino Lollio, Travis Ives, Philip Vann and Drew Kirkpatrick represented the […]
News Release: Berkadia Forges Alliance with Knight Frank
NEW YORK, N.Y. – JANUARY 24, 2023 – Berkadia announced today its alliance with global property consultancy Knight Frank, an alliance that will offer the firms’ clients unmatched access to domestic and internationally-based capital while maximizing their property values. “This newly-formed relationship between our two privately-held firms will have innumerable benefits for clients on both […]
News Release: Balcor Commercial Announces Parc Binz II
HOUSTON–(BUSINESS WIRE)–Following the success of Parc Binz I, a mixed-use development featuring offices and restaurants in the heart of Houston’s museum district, Balcor Commercial announces phase two: Parc Binz II. “As Park Binz I is fully leased, we look forward to providing another high-quality development in this area of town,” says Chris Balat, Founder and […]
