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News Release: Lancaster Pollard Announces Hiring of Laca Wong-Hammond
Lancaster Pollard, an ORIX Corporation USA company, has announced the hiring of Laca Wong-Hammond as a managing director with its affiliate OREC Securities, LLC, which provides mergers and acquisitions (M&A) services. Wong-Hammond will co-lead business development efforts for the firm’s sell-side and buy-side advisory services to owners and operators of seniors housing and care properties, […]
News Release: Just Closed :: Medical Plaza at Creekside Place
Just Closed: Medical Plaza at Creekside Place 1050 North James Campbell Boulevard, Columbia, Tennessee Sale Date: 1/28/2019 Property Size: 65,059 SF % Leased: 100% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of Medical Plaza at Creekside Place (the “Property”), located in Columbia, Tennessee. Lee Asher, Chris Bodnar, Shane Seitz, Sabrina Solomiany […]
News Release: Capital One Closes $104.4 Million Loan to Fund Acquisition of Medical Office Building Portfolio
Capital One announced today that it provided a $104.4 million adjustable-rate loan to a joint venture between Catalyst Healthcare Real Estate and Bain Capital Real Estate for the acquisition of 21 medical office buildings totaling 531,000 square feet and located across eight states. This is the second transaction that Capital One closed with Catalyst last […]
News Release: Shriners Healthcare for Children-Twin Cities Campus FOR SALE
Shriners Healthcare for Children -Twin Cities, East River Parkway site, Listed for Sale by Colliers International | Minneapolis-St. Paul As Shriners Healthcare for Children -Twin Cities transitions to a new healthcare model, real estate needs have also shifted Shriners Healthcare for Children-Twin Cities has recently transitioned from a hospital model to an outpatient clinic format. […]
News Release: Construction Advances at Piedmont Athens with Phase I Nearing Completion
Phase I of Piedmont Athens Regional Medical Center’s $171 million renovations and expansion project, which officially kicked off in October 2018, is nearing completion, as the hospital prepares to begin the construction process for its new patient tower. The project, being completed by DPR Construction, will include the renovation of approximately 262,436 square feet of […]
News Release: NorthWest announces the acquisition of an 11 property, $1.2BN Australian hospital portfolio from Healthscope
All dollar values herein are in Canadian dollars. Australian dollar values have been converted into Canadian dollars using an illustrative exchange rate of $1.00CAD = $1.05AUD. NWH Australia AssetCo Pty Ltdas trustee for NWH Australia Asset Trust (“NorthWest Australia”), a controlled entity of NorthWest Healthcare Properties Real Estate Investment Trust (“NorthWest” or the “REIT”) (TSX:NWH.UN) announced today that it has […]
News Release: Just Closed: McHenry Medical Building, 1541 Florida Ave., Modesto, CA
Sale Date: 12/28/18 Property Size: 54,810 SF % Leased: 100% Leased CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the McHenry Medical Building (the “Property”), located in Modesto, California. Chris Bodnar, Lee Asher, Shane Seitz, Ryan Lindsley and Sabrina Solomiany acted as the seller’s exclusive advisors. The Property totals ±54,810 rentable […]
News Release: Just Closed: Jacobson Properties and Cushman & Wakefield/Pyramid Brokerage Company sell Hill Medical Center, Syracuse, New York
January 10, 2019 (Syracuse, New York) – Lisa Menin of Jacobson Properties, New York, New York and Leo Jones of Cushman & Wakefield/Pyramid Brokerage Company, Binghamton, New York are pleased to announce the sale of Hill Medical Center, an 81,859 square foot medical office building located on the downtown campus of SUNY Upstate University Hospital […]
News Release: Bear Real Estate Advisors Represents Global Medical REIT in $17 Million Medical Office Building Acquisition in Greater Los Angeles
Los Angeles – (Jan. 17, 2019) – Bear Real Estate Advisors announced today that the real estate investment services firm represented Global Medical REIT (NYSE: GMRE) in its acquisition of an approximately 42,000-square-foot, Class A medical office building located in the Los Angeles suburb of Corona, Calif. Global Medical REIT acquired the property for approximately […]
News Release: Ridgeline Capital Partners Acquires Value-Add Medical Office Building in Pearland, TX
Dallas, Texas – Ridgeline Capital Partners (“Ridgeline”), a privately-held commercial real estate investment company, recently completed the acquisition of the three-building, 41,763 square foot Pearland Central Medical Plaza in Pearland, TX. The “Class A” property is 83% occupied by 11 medical tenants on triple-net leases. The tenants offer a wide range of clinical specialties at […]
News Release: It’s a Done Deal: Essentia Health
Raymond James serves as Financial Advisor to Essentia Health on the successful completion of its $723 million Comprehensive Plan of Finance. Essentia is a $2 billion revenue physician-led, integrated delivery network, including 15 hospitals in Minnesota, Wisconsin, North Dakota and Idaho with 1,198 licensed beds, 2,300+ providers and one of the first two Level 3 […]
News Release: Marcus & Millichap arranges the sale of a 21,640-square foot medical office building
Lithia, Fla., January 15, 2019 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of FishHawk HealthPark, a 21,640-square foot office property located in Lithia, Fla., according to Ari Ravi, regional manager of the firm’s Tampa office. The […]
News Release: Capital Square 1031 Completes Record Sales Year with Over $250 Million in Real Estate Acquisitions and Two Full-Cycle 1031/DST Offerings
Leading sponsor of Delaware statutory trusts launched 10 offerings in 2018 and fully subscribed seven DSTs with 302 investors during the year Richmond, VA (Jan. 15, 2019) – Capital Square 1031, a leading real estate investment and management firm specializing in tax-advantaged Delaware statutory trust offerings, announced today that 2018 was a record year in […]
News Release: UAB’s Gardendale freestanding emergency department and medical building set to open
by Bob Shepard UAB Medicine’s freestanding emergency department and medical office building in Gardendale will open Jan. 15. The twin buildings, on a 6.2-acre site in the Gardendale city center, will provide additional access to UAB medical professionals for residents of North Jefferson County, and provide the only emergency medical services on the I-65 corridor between […]
News Release: Bear Real Estate Advisors Represents Columbia Property Investors in Medical Office Building Acquisition
Philadelphia – (Jan. 9, 2019) – Bear Real Estate Advisors announced today that the real estate investment services firm represented Columbia Property Investors in its acquisition of a nearly 12,000-square-foot medical office building in the Philadelphia suburb of Hellertown. Located at 708 Main St., the medical office building was completed as a build-to-suit for Lehigh […]
