News Release: HFF arranges $40.84M financing for 2 single-tenant medical office buildings in Wisconsin and Oklahoma
SAN DIEGO, CA – March 18, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces that it has arranged financing totaling $40.84 million for two single-tenant medical office buildings: Aurora Health Center in Wauwatosa, Wisconsin, and Tulsa Spine and Specialty Hospital in Tulsa, Oklahoma. HFF worked on behalf of the borrowers, to secure 10-year, fixed-rate acquisition […]
News Release: MidCap Financial Closes First Mortgage Loan on a Medical Office Building in San Francisco, CA
PRESS RELEASE BETHESDA, MD, March 18, 2019 – MidCap Financial (“MidCap”), a leading commercial finance company focused on middle market transactions, today announced that it closed a transaction with Seavest Healthcare Properties LLC (“Seavest”), a real estate investment management firm focused on the medical office and outpatient facility sector. In June 2018, MidCap provided a […]
News Release: Amboy Bank Provides $51M Financing for Former NFL Player Turned Developer
Amboy Bank, a full-service commercial bank based in Old Bridge, New Jersey, and K Johnson Enterprises, LLC (“K Johnson”), a real estate and business development company founded and led by former NFL player Kevin Johnson, today announced that they have closed on a sequence of construction loans for K Johnson Enterprises, LLC, supplying financing of approximately $51 […]
News Release: HFF Exclusive — HFF announces $11.468M sale of medical office building on Long Island
Holliday Fenoglio Fowler, L.P. (HFF) announces that it has closed the $11.468 million sale of the sale of a 16,920-square-foot outpatient imaging facility that is triple net master leased to the New York University School of Medicine in the Long Island community of Garden City, New York. The HFF team marketed the property on behalf […]
News Release: Seavest gains approval for major downtown San Francisco medical office conversion
Healthcare real estate firm clears the last major hurdle facing its plan to repurpose the seven-story, 119,262 square foot 939 Ellis building in the high-profile Van Ness Corridor SAN FRANCISCO and WHITE PLAINS, N.Y., March 11, 2019 – When Seavest Healthcare Properties LLC decided to acquire its first property in San Francisco – 939 Ellis […]
News Release: Just Sold – Two-Tenant Medical Office Project Trades for $498 PSF in Corona, CA
Corona Medical Center Just Sold CBRE’s Investment Properties-So Cal team is pleased to announce the sale of Corona Medical Center, located at 2057 Compton Avenue in Corona, California, at a gross price of $5,150,000 ($498 PSF) that reflects a year one cap rate of 5.89%. The two-tenant project totals 10,340 square feet and was 100% […]
News Release: HFF announces sale of 2-property multi-specialty medical office portfolio near Hartford, Connecticut
CHICAGO, IL – March 6, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of a two-property portfolio that includes 460 Hartford, a 36,000-square-foot, multi-specialty outpatient facility, and 8 Keynote, a 22,500-square-foot home health service facility. Both properties are fully leased to Eastern Connecticut Health Network (ECHN), a wholly-owned subsidiary of Prospect Medical Holdings, […]
News Release: Just closed: Kindred Rehabilitation Hospital | Humble, Texas
The JLL Healthcare Capital Markets Group is pleased to announce the sale of the 46-bed freestanding inpatient rehabilitation hospital opened in 2012 located in Humble, Texas. Kindred Healthcare operates the hospital subject to a long-term absolute net lease. Kindred Healthcare is one of the largest providers of post acute care and acute rehabilitation services in […]
News Release: H2C Advises Southern Indiana Rehabilitation Hospital on Sale to Vibra Healthcare
NEW YORK — Feb. 27, 2019 — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, served as the exclusive financial advisor to Southern Indiana Rehabilitation Hospital (“SIRH” or “the Hospital”) in its sale to Vibra Healthcare. In Fall 2017, SIRH engaged H2C as its exclusive financial advisor to explore a sale of the […]
News Release: HFF closes sale of North County San Diego medical office building
SAN DIEGO, CA – HFF announces that it has closed the sale of Palomar Health Outpatient Center Phase I, a medical office building totaling approximately 75,000 square feet in North County San Diego, California. HFF marketed the property on behalf of the seller, Encinitas-based real estate developer JRMC Real Estate Inc., and procured the buyer, […]
News Release: Raymond James serves as Financial Advisor to East Tennessee Children’s Hospital on the successful completion of its Series 2019 Financing.
The Series 2019 Bonds refinanced ~$88 million of Children’s existing bank debt, locking in low long-term fixed rates while eliminating the risk of potential accelerated optional redemption, and raised ~$32 million of new money for expansion and infrastructure projects to further Children’s mission. About Raymond James Healthcare Finance The Healthcare Finance Group of Raymond James […]
Transactions: Broadstone REIT buys 18 MOBs
Elliott Bay portfolio is being sold in chunks; dialysis centers will close next By John B. Mugford When Seattle-based Elliott Bay Capital Trust LLC put a healthcare real estate (HRE) portfolio on the market in April 2018, it offered 91 single-tenant net-leased (STNL) facilities with a total of 1.02 million square feet in 25 states. […]
News Release: Broe Real Estate Group Sells Four Building California Medical Campus
Second major turnaround project in three months positions firm for expanded Colorado investment NEWS PROVIDED BY Broe Real Estate Group Feb 21, 2019, 16:05 ET DENVER, Feb. 21, 2019 /PRNewswire/ — Broe Real Estate Group (BREG), a private real estate investment firm headquartered in Denver confirmed the sale of a four-building 287,539 square foot medical office park located at 1620, 1640, […]
News Release: Jacobson Properties and Cushman & Wakefield/Pyramid Brokerage Company of Binghamton announce the sale of the New York State Medical Office Portfolio for $45 Million
Lisa Menin of Jacobson Properties and Leo Jones of Cushman & Wakefield/Pyramid Brokerage Company of Binghamton are pleased to announce the sale of the New York State Medical Office Portfolio, composed of 5 institutional grade medical office properties located in the Capital Region and Hudson Valley of New York State. The Portfolio is anchored by […]
News Release: Portfolio Investment in Sacramento Launches a New Market for Anchor and Crosses $1 billion in New Investments
FOR IMMEDIATE RELEASE February 18, 2019 (Wilmington, DE) Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, has completed the acquisition of a four building medical office portfolio in Sacramento, California through a joint venture with an affiliate of Morgan Stanley Real Estate. With […]