Transactions: IRA Capital lands a significant MOB purchase near Milwaukee
Investor pays about $60M for two-building complex occupied by Froedtert By John B. Mugford MENOMONEE FALLS, Wis. – Irvine, Calif.-based IRA Capital, a private real estate investor making quite a splash in medical office building (MOB) acquisitions in recent years, has made a significant purchase in Menomonee Falls, a suburb of Milwaukee. In an exclusive […]
News Release: Healthcare Realty Trust Acquires Medical Building for $14M in Orange County
For Immediate Release Cushman & Wakefield’s Healthcare Capital Markets Team Represents Healthcare Realty Trust in Acquiring Medical Office Building for $14 Million in Orange County Recently renovated property trades in off-market transaction, shows strength of MOB sector ORANGE, Calif., October 13, 2020 – Cushman & Wakefield today announced the firm has brokered the sale of […]
News Release: SRS Announces $13.5 Million Sale of Two NY Medical Assets
SRS’ National Net Lease Group Announces $13.5 Million Portfolio Sale of Two Single-Tenant Assets Occupied by Associated Medical Professionals New York, NY (October 13, 2020) – SRS Real Estate Partners’ National Net Lease Group has announced the $13.5 million portfolio sale of two single-tenant medical office properties occupied by Associated Medical Professionals (AMP) in Syracuse, […]
News Release: Just Closed – West Texas Medical Associates MOB, San Angelo, Texas
JLL Investment Advisory & Debt Placement Healthcare Capital Markets The JLL Healthcare Capital Markets Group is pleased to announce the sale of the West Texas Medical Associates MOB in San Angelo, Texas. The property totals 59,466 square feet and is 100 percent occupied by two tenants, the region’s dominant independent multi-specialty physician group, West Texas Medical […]
News Release: Cano Health Signs 14,938SF Lease at Buena Vista Plaza in San Antonio
October 5, 2020 Henry S. Miller Brokerage in Houston, TX, represented the landlord, Fallas Borrower IV, LLC in a lease with Cano Health for a 14,938-square-foot medical office space at Buena Vista Plaza, 100 South Zarzamora St., San Antonio, TX. Aamil Safani with Cushman & Wakefield represented the tenant. Cano Health operates healthcare centers specializing in […]
News Release: It’s a Done Deal – Essentia Health
Raymond James Healthcare Finance It’s a done deal Raymond James serves as financial advisor for Essentia Health’s $256 million tax-exempt 2020 financing This financing, involving multiple states, issuers and banks selected on an RFP basis, enabled Essentia Health to lock in a cost of capital below 2% to refund over $190 million of existing debt while […]
News Release: H2C Advises NorthShore University HealthSystem on the Issuance of $517.1 Million Series 2020 Bonds
CHICAGO — Oct. 8, 2020 — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, through its wholly owned subsidiary, H2C Securities Inc., served as the exclusive financial advisor to NorthShore University HealthSystem (“NorthShore”), Evanston, Ill., on the issuance of $517.1 million in tax-exempt bonds, consisting of $380.4 million in fixed rate bonds and […]
News Release: Cushman & Wakefield Arranges $5.9 Million Sale on Behalf of Rushmore Properties
For Immediate Release Medical Office Building is Currently 96% Leased JOHN’S CREEK, Georgia, October 6, 2020 – Cushman & Wakefield has arranged the $5.9 million sale of Parsons Meadow Professional Park, a 32,069-square-foot medical office building located in John’s Creek, Georgia. Cushman & Wakefield’s U.S. Healthcare Capital Markets Team of Travis Ives, Gino Lollio and […]
News Release: CIT Serves as Sole Lead Arranger on $33.2 Million Financing for Medical Office Building Portfolio
NEW YORK — Oct. 6, 2020 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger for a $33.2 million loan to acquire a portfolio of medical office buildings across five states. The borrower, Montecito Medical Real Estate, used the loan proceeds to acquire a portfolio of eight […]
News Release: Welltower Announces Seniors Housing and Outpatient Medical Dispositions Totaling $1.3 Billion in Value
NEWS PROVIDED BY Welltower Inc. Oct 05, 2020, 16:58 ET TOLEDO, Ohio, Oct. 5, 2020 /PRNewswire/ — Welltower Inc. (NYSE: WELL), today announced that it has expanded its relationship with leading institutional real estate investors through the sale of three portfolios with a combined valuation of $1.3 billion. https://welltower.com/october-business-update In mid-September, the Company closed on the sale of a prominent Seniors Housing […]
News Release: Just Closed – 500 Shepherd Street (Winston-Salem, NC)
CBRE Capital Markets | Healthcare and Life Sciences JUST CLOSED 500 SHEPHERD STREET Winston-Salem, NC Sale Date: 9/30/20 Building Size: 45,525 SF Occupancy: 100% CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of 500 Shepherd Street (the “Property”), located in Winston-Salem, North Carolina. Lee Asher, Chris Bodnar, Jordan Selbiger, Ryan […]
News Release: Ridgeline Capital Partners and Harrison Street Acquire Medical Office Building in Irving, TX
FOR IMMEDIATE RELEASE Dallas, Texas – Ridgeline Capital Partners (“Ridgeline”), an owner of healthcare real estate, is pleased to announce that the firm has closed on the purchase of a 70,000 square-foot, three-story Class-A medical office building in Irving, TX in a joint venture with Harrison Street, one of the leading investment management firms exclusively […]
News Release: Colliers International announces the sale of Pearland Premier Surgical Center in Pearland, Texas
Houston, October 1, 2020 – Colliers International is pleased to announce the sale of Pearland Premier Surgical Center, a 10,623 square foot, one-story ambulatory surgical center (ASC), located at 2813 Smith Ranch Road in Pearland, Texas. Beth Young of Colliers International represented the seller, CMAS Interests, in the transaction. “Beth Young, with Colliers International Houston, and her team […]
News Release: Catalyst Acquires Multi-Tenant Medical Office Building in San Angelo, Texas
Pensacola, Florida (October 7, 2020) – Catalyst Healthcare Real Estate (“Catalyst HRE”), a national healthcare real estate developer, announces the acquisition of a 59,466 square foot multi-tenant medical office building (“MOB”) in San Angelo, Texas. The MOB is 100% occupied and strategically located on the campus of the 171-bed San Angelo Community Medical Center (“SACMC”). […]
News Release: Flagship Healthcare Properties Acquires Portfolio Of Medical Office Buildings In Alabama
NEWS RELEASE FOR IMMEDIATE RELEASE Healthcare real estate firm expands Alabama presence in Montgomery and Prattville CHARLOTTE, N.C. (Oct. 1, 2020) – Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, is pleased to announce the […]