News Release: Welltower Agrees To Purchase 55 Medical Buildings From CNL Healthcare Properties
NEWS PROVIDED BY Welltower Inc. Jan 02, 2019, 16:42 ET TOLEDO, Ohio and ORLANDO, Fla., Jan. 2, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) and CNL Healthcare Properties announced today that they have entered into a definitive agreement under which Welltower will acquire a Class A medical office and outpatient facilities portfolio comprised of 55 buildings from CNL Healthcare Properties for $1.25 […]
News Release: Omega Healthcare Investors to Acquire MedEquities Realty Trust
Anticipated annual FFO, AFFO and FAD accretion of approximately $0.05 per Omega share. Operator diversification will increase with 9 new operators. Property type diversification will increase non-skilled nursing assets modestly by $296 million, including $75 million invested in a hospital facility leased to a subsidiary of Baylor, Scott & White Health. Significant synergies expected. Omega […]
News Release: CBRE|Raleigh Announces the Sale of 4220 N Roxboro Street in Durham, NC
Raleigh, NC | December 27, 2018 CBRE|Raleigh is pleased to announce the sale of 4220 N Roxboro Street to CPI Medical Fund One, LLC.Ben Kilgore exclusively represented the sale on behalf of the seller, Matan Companies LLLP. 4220 N Roxboro Street is a 25,408 square foot medical investment property located less than one mile from Duke University Durham Regional Hospital. The […]
Transactions: Hammes Partners closes on sale of 23-MOB portfolio
Buyer is likely Welltower, which announced a similar, pending deal in October BROOKFIELD, Wis. — It looks as if the 2018 medical office building (MOB) sales market is going to close with two big portfolio transactions. Last week, Brookfield-based Hammes Partners completed the sale of a large MOB package that it put on the market in […]
Transactions: Chicago med space has new owner
MBRE Healthcare pays $16.8 million for 93,000 square feet in a unique deal By John B. Mugford In a unique partnership, three companies, including a well-known healthcare real estate (HRE) firm, have co-invested in the purchase of a 40-story, “Class A” building housing three district uses on Chicago’s Near North Side. The building at 150 and 160 E. Huron Street in the […]
News Release: Just Closed: DaVita, 11239 S Western Ave, (Inglewood Adjacent) Los Angeles, CA
The CBRE Los Angeles Retail Investment Properties team of Dan Riley and Austin Wolitarsky represented the greater Los Angeles based estate trustee Buyer in the all cash purchase of a newly developed DaVita, located at 11239 S. Western Ave. in the Inglewood adjacent area of Los Angeles, CA. The Completed Sale Details: Exclusively represented the […]
News Release: Just closed: Hammes Medical Office Portfolio
The JLL Healthcare Capital Markets Group is pleased to announce the sale of the Hammes Medical Office Portfolio, offered by Hammes Partners, a Milwaukee-based healthcare real estate private equity firm exclusively focused on healthcare real estate. The transaction is a 23-property, Class A medical office portfolio with 979,000 rentable square feet across 12 major metropolitan markets. […]
News Release: Statement regarding the close of CommonSpirit Health
MEDIA STATEMENT SAN FRANCISCO, CA – Dec. 21, 2018 – Dignity Health and Catholic Health Initiatives are moving the expected closing date for their new combined organization, CommonSpirit Health, from Dec. 31, 2018 to Jan. 31, 2019. Dignity Health released the following statement regarding the new closing date: Catholic Health Initiatives and Dignity Health have […]
News Release: CBRE: Outpatient Centers on the Rise as Average Asking Rent for U.S. Medical Office Buildings Reaches Record High
PRESS RELEASE Los Angeles – December 20, 2018 – The U.S. outpatient care center sector has grown robustly in recent years as asking rents for medical office buildings continue to rise and health systems seek to provide a better patient experience at a lower cost, according to a new report from CBRE. The U.S. average asking rent reached […]
News Release: NKF Completes $39.2 Million Sale of MOB in Burlingame, CA
Newmark Knight Frank Announces the $39.2 Million Acquisition of a Hospital-Adjacent Medical Office Property in Burlingame, CA San Francisco, CA (December 20, 2018) — Newmark Knight Frank (NKF) has announced it has completed the $39.2 million acquisition of a 104,000-square-foot medical office property adjacent to Mills-Peninsula Medical Center in Burlingame, CA. NKF Senior Managing Director […]
News Release: Echo Development Group – New Medical | Office Acquisition
FOR IMMEDIATE RELEASE Echo Development Group, Inc. Acquires Medical/Office Property in Indianapolis Suburb Chicago, IL (December 20, 2018) – Echo Development Group, Inc. announces it has acquired its third medical/office property in Greenwood, Indiana – a near-south suburb of Indianapolis. This latest acquisition, a 12,000 square foot multi-tenant building, is located at 973 Emerson Parkway and […]
News Release: Cigna Completes Combination with Express Scripts, Establishing a Blueprint to Transform the Health Care System
Cigna with Express Scripts to deliver improved affordability, choice, and predictability through flexible, open and connected solutions Celebrates first day as a combined company by announcing an incremental investment of $200 million to support local communities, focused on improving societal health Launches Healthier Kids for Our Future, a new community engagement program to improve the […]
New Release: Davis closes two fourth quarter medical office acquisitions to cap a successful 2018
News Release National healthcare real estate firm acquired 220,000 SF of medical office buildings this year and developed three more totaling 81,000 SF for a total cost of $104.4 million MINNEAPOLIS, Dec. 19, 2018 – Minneapolis-based Davis is ending 2018 with a bang. The national healthcare real estate (HRE) development, property management, brokerage and investment firm […]
News Release: White Oak Healthcare Finance Acquires Capital One Healthcare Real Estate Portfolio
December 19, 2018 09:00 AM Eastern Standard Time CHICAGO & NEW YORK–(BUSINESS WIRE)–White Oak Healthcare Finance (“White Oak” or “WOHCF”) today announced it acquired an approximate $700 million portfolio of skilled nursing and seniors housing loans from Capital One Healthcare (“Capital One”) and its participant banks. Capital One provided debt financing for the transaction. Financial […]
News Release: Flagship Healthcare Trust Completes North Carolina Acquisition
For Immediate Release CHARLOTTE, NC – December 17, 2018 – Flagship Healthcare Properties (“Flagship”) announced today on behalf of its private REIT, Flagship Healthcare Trust, Inc. (“Flagship REIT”), that the REIT has acquired a Class A medical office building (“MOB”) in Concord, North Carolina. Located at 66 Concord Lake Road, directly across from Carolinas Healthcare System NorthEast, […]