News Releases: Welltower Announces $1 Billion in New Off-Market Investments
NEWS PROVIDED BY Welltower Inc. 08:00 ET TOLEDO, Ohio, Dec. 4, 2018 /PRNewswire/ — Welltower Inc. (NYSE: WELL), today announced new off-market investment volume of $1.0 billion at a blended cap rate of 6.4% comprised of 11 separate Seniors Housing and Medical Office transactions. This investment activity is in addition to the previously announced $80 million Johns Hopkins transaction and $400 million 23 asset MOB portfolio acquisition, […]
News Release: Bulfinch strengthens portfolio with the acquisition of 10 Brookline Place
BOSTON, MA – December 3, 2018 Bulfinch, a private real estate investment, development and management firm, today announced that an affiliate of the company has completed the acquisition of 10 Brookline Place in Brookline, MA. The property consists of six floors and totals approximately 173,000 sf of office space with 240+/- garage parking spaces located […]
News Release: CIT Completes Financing for Two Medical Office Buildings in Massachusetts
NEW YORK – Dec. 3, 2018 – CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business, part of CIT’s Commercial Finance division, provided $28.7 million in financing for the acquisition of medical office buildings in Brockton and Haverhill, Massachusetts. The Brockton building houses the Greene Cancer Center, which is affiliated with Signature […]
News Release: Cushman & Wakefield Arranges Sale of Seventh Avenue Medical Center in Chardon
Gino Lollio, Scott Niedergang, Bryan Belville and Eric Schreibman Represented the Buyer and Seller in the Transaction Chicago, November 28, 2018 – Cushman & Wakefield has arranged the sale of Seventh Avenue Medical Center in Chardon, Ohio, a Cleveland suburb. Gino Lollio, Scott Niedergang and Bryan Belville of Chicago, brokers in the firm’s Healthcare Advisory […]
News Release: Just Sold – Value-Add Medical Office Project Trades for $6.3 Million in Redlands, CA
Transaction Summary CBRE’s Investment Properties-So Cal team is pleased to announce the sale of Park Plaza, a three-building medical office project located at 1776, 1782 and 1790 West Park Avenue in Redlands, California, at a price of $6,300,000. The 52,407-square-foot project was 32% occupied at the time of sale. Gary Stache, Sammy Cemo, Doug […]
News Release: Montecito Medical Acquires Medical Office Portfolio in Virginia
Nashville, Tenn. — Montecito Medical, a premier owner of medical office buildings throughout the U.S., has acquired a portfolio consisting of three prime medical office buildings and a medical office condominium in the Richmond, Virginia, market area. The four properties in the portfolio — Boulders Medical Office Building, Memorial Regional Building, Johnston Willis Medical Office […]
News Release: Just Sold: Oceans Behavioral Health
Oceans Behavioral Health 3300 S FM 1788, Midland, TX 79706 64 Beds Just Sold in Midland, Texas: Krone Weidler, LJ Tsunis, and Kimberly Hamilton are pleased to announce the successful sale of Oceans Behavioral Health located in Midland, Texas. They had the exclusive listing to market the property on behalf of the seller, a professional […]
News Release: Sabal Bay Centre Sold
The medical and retail property in Naples sold for $5.8M Naples, FL (November 16, 2018) – Equity LLC announced that Mike Concilla and Hamish Williams recently brokered the sale of Sabal Bay Centre in Naples, FL for $5.8 million. Mike and Hamish represented Equity Sabal Bay MOB, LLC in the selling of the Sabal Bay, […]
News Release: Cushman & Wakefield Arranges $10m Sale of Cape Coral Surgery Center
Gino Lollio, Scott Niedergang, Gary Tasman Represented Ownership Group CHICAGO, November 27, 2018 – Cushman & Wakefield has arranged the $10 million sale of Cape Coral Surgery Center Medical Office Building in Cape Coral, Fl. Gino Lollio and Scott Niedergang of Chicago, brokers in the firm’s Healthcare Advisory Practice, Capital Markets, with the assistance of […]
News Release: Avison Young negotiates 123,944-sf office building acquisition for Northwest Community Healthcare
Avison Young assists Northwest Community Healthcare (NCH) in the acquisition of a 123,944-sf office building Leading area healthcare provider more than doubles its non-clinical footprint, adds to 500,000-sf Chicago market portfolio Nov. 27, 2018, Chicago, IL – Avison Young announced today that it has negotiated the acquisition of a 123,944-square-foot (sf) office building located at 3040 Salt Creek Lane in […]
News Release: Announcement – $6,000,000 Medical Office Sale in Dayton, OH. – Fairfield Advisors
Fairfield Advisors announces the sale of a 4 Medical Office Building Portfolio in Dayton, OH. – $6,000,000 Transaction – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of a 4 Medical Office Building portfolio located in the Dayton, OH-area. The medical buildings total 46,178 square feet. DaVita Medical […]
News Release: Broe Real Estate Group Sells Medical Pavilion
Plans to Reinvest in Local Market NEWS PROVIDED BY Broe Real Estate Group 08:08 ET DENVER, Nov. 27, 2018 /PRNewswire/ — Broe Real Estate Group (BREG), a private real estate investment firm headquartered in Denver, CO, confirmed the sale of a 121,789 square foot medical pavilion located at 9601 Blackwell Road in Rockville, MD. Constructed in 2000, Shady Grove Medical Pavilion was […]
News Release: Hanley Investment Group Arranges Sale of MedExpress Urgent Care Ground Lease in O’Fallon, Illinois
This transaction marks the fourth single-tenant MedExpress sold by Hanley Investment Group in the last 18 months. CORONA DEL MAR, Calif. – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a single-tenant retail […]
News Release: Capital One provides two loans totaling $329.6 million to refinance two medical office building portfolios
FOR IMMEDIATE RELEASE Capital One Provides $107 Million Loan to Refinance Medical Office Building Portfolio Chicago, Ill. (November 26, 2018) – Capital One announced today that it provided a $107 million adjustable rate loan to refinance a 20-asset medical office building portfolio totaling 789,000 square feet. The borrower is a joint venture owned by Kayne Anderson […]
Transactions: ESJ Capital Partners sells repositioned medical services campus in Tampa, Fla., for $18 million
Washington NJ – A pair of New Jersey-based real estate firms were recently involved in a transaction involving a 106,415 square foot outpatient campus in the planned community of The Village at