News Release: Quick Closing For The Books: Sun’s Investment Services Group Sells New Construction Medical Building in Tucson
Say “Ahh” — JUST CLOSED — 2 TENANT MEDICAL/RETAIL INVESTMENT 1040 Harrison Road, Tucson, AZ 85710 ±7,200 SF Medical/Retail Center | $3,000,000 | Buyer represented by Investment Services Group The Investment Services Group at Sun Commercial Real Estate Inc. is pleased to announce the closing of 1040 S. Harrison Rd. a two-tenant medical/retail investment property […]
News Release: Capital Square 1031 Acquires Newly Constructed Class A Memory Care Facility Near Houston
NEWS PROVIDED BY Capital Square 1031 14:19 ET HOUSTON, Sept. 10, 2018 /PRNewswire/ — Capital Square 1031, a leading real estate investment and management firm specializing in Delaware statutory trust offerings, announced today its acquisition of a newly-constructed, 10,000-square-foot memory care facility located in the Houston suburb of Spring, Texas. The Class A facility has 16 beds and was completed in June 2018. The property […]
News Release: Montecito Acquires Pennsylvania Medical Office Portfolio
“We believe that this transaction reflects a recognition by Lancaster Neuroscience and Spine Associates of the advantages that our company can bring to its organization and to practicing physicians” Montecito Medical Real Estate, the nation’s top privately held acquirer of medical office real estate in the U.S., has acquired the medical office portfolio owned by Lancaster […]
News Release: Meridian Sells Dialysis Clinic in Oakland, Calif. for $15.7 Million
Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that it has closed escrow on the sale of its 12,754-square-foot dialysis clinic in Oakland, California. The purchase price was $15.7 million, representing a price of $1,230+-per-square-foot or a cap rate of 5.1 percent. This is Meridian’s fifth transaction […]
News Release: Deal Announcement (CRE) | BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of $17.1 Million Credit Facility
BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of $17.1 Million Credit Facility for a Joint Venture advised by Heitman and managed by Montecito Medical Operating Company. BMO Harris Bank’s Healthcare Real Estate Finance group announced that it acted as the administrative agent and sole lead arranger on a […]
News Release: Strawberry Fields REIT Acquires a Nine-Property Skilled Nursing Facility Portfolio Located in Arkansas, and one in Kentucky, for a total of $42.4 Million
South Bend, Ind.— September 5, 2018—Strawberry Fields REIT LLC (Strawberry Fields), an owner and lessor of nursing homes, long-term acute care hospital facilities and medical office buildings in the Midwestern and Southern U.S., announced it has acquired nine skilled nursing facilities located in Arkansas, and one facility located in Kentucky in two separate deals. The […]
News Release: Catalyst Healthcare Real Estate opens Midwest office in Milwaukee & hires Anthony Lampasona as President of Off-Campus Development
Pensacola based Catalyst Healthcare Real Estate (Catalyst HRE) is excited to announce the opening of its new office in Milwaukee, Wisconsin. This expansion is Catalyst HRE’s second in two years with its other expansion office located in Ocala, Florida. “The decision to expand our presence into the Midwest was a logical step in our business […]
News Release: Strategic Student & Senior Housing Trust Acquires 286-Unit Senior Housing Community in Portland, Ore. for $92 Million
Existing facility offers independent living, assisted living and memory care and is scheduled to break ground on an expansion for 23 additional units of memory care in the fall of 2018 Strategic Student & Senior Housing Trust, Inc. (SSSHT), a public, non-traded real estate investment trust sponsored by SmartStop Asset Management, LLC (SmartStop), announced today […]
News Release: Montecito Acquires Flagship Ophthalmology Medical Office Building in Arizona
Nashville, Tenn.–(Business wire)–Montecito Medical Real Estate, the nation’s top privately held buyer of medical office properties throughout the U.S., has acquired the primary office building of one of Arizona’s leading ophthalmology practices. “This exceptional property represents the 11thmedical office building our company has acquired in 2018 and perfectly complements our strategy and growth projections.” Tweet this […]
News Release: Boynton West Professional Centre sells for $170PSF
Avison Young completes sale of Boynton West Professional Centre for $5.5M or $170-per-square-foot in Boynton Beach, Florida Value-add, 32,593 SF medical & professional office park trades to niche investor Boynton Beach, Fla. — Avison Young completed the $5.5 million sale of Boynton West Professional Centre, a set of twin buildings totaling 32,593 square feet at 1700 […]
News Release: News from HRE Capital…
AW Property Co – $9,572,000 – Debt Raise for the Acquisition of a 57,815-Square Foot Medical Office Building Located in Hollywood Florida The undersigned served as Financial Advisor: Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) was selected as the exclusive financial advisor to AW Property Co. (“AW”) related to securing debt financing for the acquisition […]
News Release: With Strong Second Quarter, Capital One Again Heads List of Lead Arrangers for Number of Leveraged Loans Closed in Healthcare Industry
FOR IMMEDIATE RELEASE Bethesda, Md. (August 27, 2018) – Capital One Healthcare’s Corporate Finance group resumed its position as the No. 1 lead arranger of healthcare leveraged loans by deal count in every category up to $1 billion, according to league tables produced with data from Thomson Reuters LPC. The corporate finance team closed 49 […]
Transactions: Harrison Street lands Chicago deal
On the heels of Colliers deal, private investor pays $240 million for eight MOBs By John B. Mugford It looks as if it’s business as usual for private equity investor Harrison Street Real Estate Capital – just as industry sources had predicted – in the aftermath of the Chicago-based firm’s sale of a 75 percent […]
Transactions: Griffin-American REIT IV acquires large, fully occupied MOB in growing Grand Junction, Colo.
GRAND JUNCTION, Colo. – In the fast-growing city of Grand Junction, Irvine, Calif.-based Griffin-American Healthcare REIT IV (G-A REIT IV), a non-traded real estate investment trust (REIT), recently acquired an 83,000 square foot MOB for $31.5 million, or $380 PSF.
Transactions: In acquiring an MOB in Oxford, Mich., Cornerstone Companies closes its second fund
OXFORD, Mich. – Indianapolis-based Cornerstone Companies Inc. recently added the final property to its Cornerstone MOB Fund II, acquiring the 19,123 square foot Crittenton Medical Plaza in Oxford, about 40 miles north of Detroit.