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News Release: Urban Atlanta Medical Center Changes Hands
Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of the Brookhaven Medical Center in Brookhaven, Georgia. “The center is fully occupied by Walgreens and Piedmont Healthcare,” says Korey Prefontaine, senior director in Marcus & Millichap’s Atlanta office. “Piedmont Healthcare, […]
News Release: HCP Announces Results for the Fourth Quarter and Year Ended 2017
FOURTH QUARTER 2017 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS Net loss, FFO and FFO as adjusted applicable to common shares were $(0.13), $0.11 and $0.48 per share, respectively – Commenced Phase I of Sierra Point, our next major life science development in South San Francisco – Entered into a $115 million participating development financing agreement for a high-rise senior living development in downtown Seattle – […]
For Sale: Hillcroft Medical Clinic | Sugar Land, Tx – Offers Due: March 7, 2018
Offers Due: Wednesday, March 7, 2018 BGL Real Estate Partners has been retained by ownership to offer qualified investors the exceptional opportunity to acquire the Hillcroft Medical Clinic (the “Property” or “Building”). The Property, totaling approximately 40,531 rentable square feet, is located in Sugar Land, Texas, one of the most affluent and fastest growing cities […]
News Release: Hammes Company Adds New Executive Leader
Hammes further strengthens its medical center development expertise with addition of Marc Leediker Hammes Company (hammesco.com) announced today the addition of Marc Leediker as Senior Project Executive, further strengthening the company’s position as an industry leader in medical center development and broadening its strength in Texas markets. The announcement was made by Chris Kay, Hammes […]
News Release: Kaiser Foundation Health Plan and Hospitals Report 2017 Financial Results
Largest not-for-profit, integrated healthcare system reports more than 10 percent membership growth and consistent operating performance in 2017 Kaiser Foundation Health Plan, Inc., Kaiser Foundation Hospitals and their respective subsidiaries (KFHP/H) across all eight regions, including the newest region, Kaiser Permanente Washington, reported their 2017 annual financial results. Total operating revenue for 2017 was $72.7 billion, […]
For Sale: Physicians Medical Center: Offers Due Thursday, February 22nd
Key Investment Highlights Institutionally anchored by Palo Alto Medical Foundation, Campus Surgery Center and Quest Diagnostics Significant Value Enhancement Opportunity Rare San Francisco Area Mob Investment Opportunity Superior Mob and Market Fundamentals Irreplaceable infill San Francisco Bay area location Robust San Francisco Economy Investment Advisory […]
For Sale: Non-Performing Loan Sale | Medical Office | New Jersey
$32.2 Million: Non-Performing Loan Sale Holiday Fenoglio Fowler, L.P (“HFF”), has been exclusively retained to offer an opportunity for qualified investors to acquire a $32.2 Million Non-Performing Commercial Mortgage Loan Portfolio (the “Loans” or “Portfolio”). The Portfolio includes three cross-collateralized, non-performing loans in maturity default. Collateral for the Loans includes three medical office buildings located […]
News Release: MedProperties and Equity form JV, acquire 32,987 square foot Lakeside Professional Building
The 93 percent leased, multi-tenant medical building near Austin, Texas, boasts ideal location, strong tenancy, excellent sponsor relationship, immediate cash flow and expansion potential Some real estate acquisitions just have it all – every benefit a company could want. That’s the case with MedProperties’ and Equity’s acquisition of the 32,987 square foot Lakeside Professional Building […]
News Release: Cornerstone starts 2018 with new business in Indiana and Ohio
Cornerstone rang in the new year on a good note—adding almost four football fields worth of medical office space to its national portfolio. In the first quarter of 2018, Cornerstone added 207,000 square feet of new property management and leasing assets in Indiana and Ohio. The new business consists of OrthoIndy South, Urology of Indiana, […]
News Release: BGL Real Estate Partners Announce the Sale of St. Mary’s of Michigan Medical Office Building
BGL Real Estate Partners (BGLREP), a division of Brown Gibbons Lang & Company (BGL), is pleased to announce the real estate sale of St. Mary’s of Michigan Medical Office Building. BGLREP’s National Healthcare Real Estate Group served as the exclusive advisor to the seller in the transaction. St. Mary’s of Michigan Medical Office Building (“the […]
News Release: OGA Completes Nashville Redevelopment Project for Vanderbilt Health – Converts Bowling Alley into Healthcare Clinic
Nashville-based healthcare real estate developer converts former bowling alley into state-of-the-art outpatient renal care facility Oman-Gibson Associates (OGA), a Nashville-based national healthcare real estate development and project management firm, has completed the conversion of a former bowling alley into an outpatient dialysis clinic for Vanderbilt Health. The new facility adds to OGA’s growing portfolio of […]
For Sale: 100% Leased Medical Office Investment West Covina – Anchored by DaVita and Kaiser
Investment Summary Address 1539, 1541-1555 W Garvey Ave North West Covina, CA 91790 Land Size ±72,522 SF/1.66 Acres Project Size ±22,564 SF Occupancy 100% Number of Buildings Two (2) Asking Price $6,048,164 ($268 PSF) Investment Highlights 100% Leased Medical Office Buildings With Credit Tenants At Below Market Rents Pride of ownership medical office property located […]
News Release: HFF announces financing for a 5-building mixed-use medical and office campus in Houston
Holliday Fenoglio Fowler, L.P. (HFF) announces financing for a mixed-use medical and office campus totaling five buildings and 505,000 square feet in the Bellaire submarket of Houston, Texas. The HFF team worked on behalf of the borrower, Norvin Healthcare Properties, to secure acquisition loans for the campus. Erik Tellefson at Capital One provided financing for […]
News Release: Carter Validus Mission Critical REIT II, Inc. Acquires Approximately $73 Million in Healthcare and Data Center Real Estate in the Month of December 2017
Such acquisitions, added approximately 246,000 rentable square feet to CV Mission Critical REIT II’s portfolio Carter Validus Mission Critical REIT II, Inc. (“CV Mission Critical REIT II”), a non-traded real estate investment trust focused on assembling a portfolio of high-quality data center and healthcare real estate, acquired properties during December 2017 for an aggregate contract […]
News Release: Just Closed: Pin Oak Portfolio, Houston, Texas
The JLL Healthcare Capital Markets Group is pleased to announce the sale of the Pin Oak Portfolio, a 504,609 square foot medical office park in Houston, Texas. The five properties are highly visible along the 610 West Loop and strategically located three miles west of the Texas Medical Center and two minutes from the Southwest […]