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: Memorial Sloan Kettering Signs 75ksf Lease at 333 East 61st St. in NYC
LaSalle and William Macklowe Company Secure Six-Story, 75,000-Square-Foot Lease with Memorial Sloan Kettering at 333 E. 61st Street Medical Office Building NEW YORK – LaSalle Investment Management (“LaSalle”) and William Macklowe Company (“WMC”) announced that they have completed a long-term lease agreement with Memorial Sloan Kettering for 100% of the approximately 75,000 square feet of […]
News Release: Inaugural Sun City, Arizona Investment Marks Anchor Health Properties’ Entry Into the Phoenix Market
FOR IMMEDIATE RELEASE January 31, 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 recently invested in a highly strategic 89,000 square foot institutional quality outpatient medical center in Sun City, Arizona through a joint venture with an affiliate of […]
News Release: Transwestern’s Houston Healthcare Team To Lease Mixed-Use Innovation Tower In Texas Medical Center
Justin Brasell and Lisa Bovermann are providing healthcare leasing services. January 30, 2019 HOUSTON – Transwestern today announces it has been retained to provide leasing services for Innovation Tower, a 48-story, 1.6 million-square-foot, mixed-use development in the Texas Medical Center. Transwestern’s Executive Vice President Justin Brasell and Senior Vice President Lisa Bovermann are providing healthcare leasing […]
News Release: HFF announces $8.6M sale of medical office building near Duke Regional Hospital in Durham, North Carolina
CHARLOTTE, NC – Jan. 30, 2019 – HFF announces the $8.6 million sale of Duke Medical Complex, a two-story medical office building totaling 79,202 square feet in Durham, North Carolina. The HFF team represented the seller, and procured the buyer, 5401 Holding Co LLC. Duke Medical Complex is located at 4321 Medical Park Drive within […]
News Release: Pipeline Health completes its first acquisition in Chicago with addition of West Suburban, Louis A. Weiss Memorial and Westlake Hospitals
Dr. Eric Whitaker Joins Pipeline Health Leadership Team to Help Improve Access to Quality, Community‐Based Medical Care in the Chicago Area CHICAGO (Jan. 29, 2019) –Pipeline Health, a successful community‐based hospital ownership and management company headquartered in Los Angeles, announced today that it has completed the acquisition of West Suburban Medical Center, Louis A. Weiss […]
News Release: HRE Capital is pleased to announced a $65 million capitalization and joint venture structuring for Pipeline Health
Pipeline Health Acute-Care Hospital Portfolio Acquisition Capitalization Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) served as financial advisor to Pipeline Health (“Pipeline” or “Operator”) related to the acquisition of Tenet Healthcare’s (“Tenet”) regional healthcare platform located throughout Greater Chicago, Illinois (“System”). The System is comprised of two acute-care hospitals totaling 470 beds, four medical […]
News Release: Just closed: Great Bend Regional Hospital | Great Bend, Kansas
The JLL Healthcare Capital Markets Group is pleased to announce the sale of the 33-bed Great Bend Regional Hospital located in Great Bend, Kansas. The acute care hospital is operated by The University of Kansas Health System subject to a long-term absolute net lease. The investment grade rated University of Kansas is the region’s only academic health […]
News Release: Tenet Completes Sale of Three Chicago-Area Hospitals to Pipeline Health
Tuesday, January 29, 2019 7:30 am CST DALLAS–(BUSINESS WIRE)–Tenet Healthcare Corporation (NYSE: THC) today announced that it has completed the sale of its three Chicago-area acute care hospitals to Pipeline Health LLC. The three hospitals included in the sale are Louis A. Weiss Memorial Hospital, Westlake Hospital and West Suburban Medical Center. About Tenet Healthcare […]
News Release: Cypress West Leases to Loma Linda MEND Program
Cypress West Partners Repositions Park Plaza in Redlands to Attract Loma Linda University Health Behavioral Medical Center Rancho Santa Margarita, CA (January 28, 2019) –Cypress West Partners, a premier owner and operator of quality medical properties throughout the Western US, has announced a 12-year 15,000-square-foot lease at Park Plaza with Loma Linda University Health Behavior […]
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FOR IMMEDIATE RELEASE Capital One Closes More Than $1 Billion Unitranche Commitments in 2018 Bethesda, Md. (January 28, 2019) – Capital One announced today that its unitranche loan program, ULTra, closed approximately $1.1 billion in commitments to borrowers in the healthcare and services industries in 2018. The program, with HPS Investment Partners as its strategic […]
News: Marcus & Millichap arranges the sale of a 61,174-square foot office building
ROCKFORD, Ill., Jan. 24, 2019 – Marcus & Millichap (NYSE: MMI) Healthcare Real Estate Group, a leading commercial real estate investment services firm with offices throughout the United States and Canada, is pleased to announce the sale of Cornerstone Medical Building, a two-story, 61,174-square-foot medical office property in Rockford, Ill. Ben Tashakorian and David Benjamin, […]
News Release: Class A national medical office portfolio sells for $400M
HREI Editor’s Note: This news release confirms a story HREI first reported on 12/26/18. To read the original article, please click here. Class A national medical office portfolio sells for $400M JLL Healthcare Capital Markets completes sale of 23 Class A assets in 12 major metros NEWS PROVIDED BY JLL Jan 24, 2019, 11:00 ET BOSTON, Jan. 24, […]
News Release: Anchor Health Properties Establishes Seattle Market Presence Through the Acquisition of 135,000 Square Feet of Medical Office Buildings
FOR IMMEDIATE RELEASE January 21, 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 entered the Seattle, WA market for the first time through the acquisition of three highly strategic medical office assets in a joint venture with an affiliate […]
News Release: MBH arranges sale of Howell Avenue Professional Building in Oak Creek, Wisconsin
FOR IMMEDIATE RELEASE: Milwaukee, WI (January 17, 2019) – MBH Investment Real Estate, LLC, (“MBH”) is pleased to announce the sale of the Howell Avenue Professional Building, a 21,024-SF medical/professional office building at 8375 South Howell Avenue in Oak Creek. MBH listed the property exclusively on behalf of the seller, RW Howell LLC. The property […]