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Companies & People: Raymond James places $99.4 million in financing for Greater Baltimore Medical Center
TOWSON, Md. – Raymond James Healthcare Finance announced yesterday that it served as the placement agent for the not-for-profit Greater Baltimore Medical Center’s $73.72 million tax-exempt revenue bond and $25.725 million taxable note.
Companies & People: Capital One administers $30.5 million in financing for MOB purchase in Michigan
GRAND RAPIDS, Mich. – McLean, Va.-based Capital One recently served as the administrative agent for a $30.5 million loan for the acquisition of a 107,000 square foot MOB in Grand Rapids, Mich.
Companies & People: As of April, Global Medical REIT has $75.1 million in medical purchases pending
BETHESDA, Md. – Global Medical REIT Inc. (NYSE: GMRE) says it has three pending acquisitions under contract with a combined purchase price of $75.1 million, encompassing 165,629 square feet of leasable space.
Companies & People: Inland Real Estate Group raised $600 million in 2016 for investments
OAK BROOK, Ill. – Oak Brook-based The Inland Real Estate Group of Cos. Inc. raised more than $600 million in capital in 2016 across its various funds for real estate investments.
Companies & People: Montecito Medical Real Estate starts 2017 with a number of acquisitions
NASHVILLE, Tenn. – Montecito Medical Real Estate has been a busy buyer of MOBs in recent weeks.
Companies & People: Justin Hutchens leaving HCP to become CEO at large care home provider in the U.K.
IRVINE, Calif. – Irvine-based HCP Inc. (NYSE: HCP) recently announced that President James J. “Justin” Hutchens will leave the publicly traded REIT to take the role as CEO of HC-One, one of the largest care home providers in the United Kingdom.
Companies & People: New strategy, team kick off ‘17 at HCP
New executives look to ‘de-risk’ portfolio; REIT closes out ‘16 with big MOB buy By John B. Mugford Many of the changes that have taken place at Irvine, Calif.-based HCP Inc. (NYSE: HCP) within the past year so have been geared toward removing as much risk as possible from the portfolio of properties owned by […]
News Release: Taylor Design Taps Jen Leonard as Strategies Practice Leader
Irvine, CA (April 20, 2017) – Taylor Design, a solution-oriented architecture, environments and strategies firm, has announced that Jen Leonard has joined the firm as Strategies Practice Leader. In this role, she will focus on bringing her human-centered design experience to Taylor Design collaborating across its Irvine, San Francisco and San Diego offices, and inspiring […]
News Release: Hammond Hanlon Camp LLC Advises HealthEast Care System in Design and Execution of Integrated Real Estate Strategy
ATLANTA (April 18, 2017) — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, served as the exclusive financial advisor to HealthEast Care System (“HealthEast”) on three real estate transactions that included the acquisition, monetization and refinancing of medical office buildings. HealthEast retained H2C in early 2016 to evaluate strategic opportunities for its portfolio […]
News Release: Montecito Acquires Thunderbird Square Building in Arizona
High-profile acquisition brings Arizona portfolio to 120,000 square feet. NASHVILLE, Tenn., April 17, 2017 – Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has acquired a 35,420-square-foot, Class A, single-story medical building in the densely populated, master-planned retirement community of Sun City, Arizona Strategically located on the main corridor […]
News Release: HFF arranges $8.5 million construction financing for medical office building in Riverside, California
SAN DIEGO, CA – April 17, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged an $8.5 million construction-to-permanent financing for a to-be-built, 27,000-square-foot medical office building in Riverside, California. HFF worked on behalf of the borrower, Pacific Medical Buildings (PMB), to secure the 12-year, fixed-rate loan through a correspondent life […]
News Release: Recently Closed – RadNet Medical Plaza
Contact Information Zach Koucos HFF Director (858) 812-2351 zkoucos@hfflp.com CA Lic. #01729021 Evan Kovac Managing Director (858) 812-2365 ekovac@hfflp.com CA Lic. #01750736
For Sale: Premier Post-Acute Care Neurological and Rehabilitation Facility Located in Mount Dora, Florida
Brown Gibbons Lang & Company | Real Estate Partners has been retained by ownership to offer qualified investors the exceptional opportunity to acquire one of the newest post-acute rehabilitation centers in the U.S. NeuLife Rehabilitation (the “Property” or “Building”) is located in Mount Dora, Florida and consists of approximately 64,224 rentable square feet with 54 […]
News Release: Cypress West Partners Brings Ryan Borzouei on Board as Director of Acquisitions and Casey Immel as Director of Leasing
Rancho Santa Margarita, CA (April 13, 2017) – To further support its growth, Cypress West Partners, one of the Western US’ leading owners and operators of healthcare real estate, has added Ryan Borzouei as Director of Asset Management and Acquisitions and Casey Immel as Director of Leasing. The new hires are part of a strategic […]
News Release: Raymond James serves as Placement Agent for Covenant Health’s $19.860M Tax-Exempt Revenue Bonds Direct Placement and $55M Bank Taxable Term Loan
Background Covenant Health (“Covenant”) is a Massachusetts not-for-profit corporation, which was formed in 1983 by the Sisters of Charity of Montreal, the “Grey Nuns.” It operates a multi-institutional system of health and human service providers, including acute and long-term acute hospitals, long-term care facilities, assisted living facilities, congregate housing and other health related organizations. As […]
