News Release: Flagship Healthcare Trust Acquires Wilmington, North Carolina Medical Office Building
For Immediate Release WILMINGTON, NORTH CAROLINA – August 13, 2018 – Flagship Healthcare Properties (“Flagship”), manager of private REIT Flagship Healthcare Trust, Inc. (“Flagship REIT”), announced today that the REIT has acquired a Class A medical office building in Wilmington, North Carolina. Located at 2800 Ashton Drive, the two story, 21,417 square foot medical office building […]
News Release: Birmingham-Based Leading Healthcare Real Estate Company Announces $24 Million Acquisition in Tulsa, Oklahoma
The Sanders Trust Acquires $24.5 Million Tulsa, Oklahoma Rehabilitation Hospital Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, announced a $24.5 million acquisition in Tulsa, Oklahoma in July 2018. Built in 2017, PAM (Post Acute Medical) Rehabilitation Hospital is a state-of-the-art, 40-bed inpatient rehabilitation hospital. With over […]
News Release: JUST SOLD – Medical Office Building Trades for $15.7 M ($390 PSF) in Chino Hills, CA
Chino Hills Crossroads Professional Center Transaction Summary CBRE’s Investment Properties-So Cal team is pleased to announce the sale of 3110 Chino Avenue located in Chino Hills, CA at a price of $15,700,000 ($390 PSF). The 40,279 SF medical office building was 95% leased at the time of sale. Gary Stache, Anthony DeLorenzo, Doug Mack, Sammy […]
News Release: Flagship Healthcare Trust Announces New Senior Secured Credit Facility
Charlotte, North Carolina – AUGUST 9, 2018 – Flagship Healthcare Trust, Inc. (“Flagship REIT”) announced that it has entered into a new secured term and revolving credit facility with Bank of America, N.A. (the “Secured Credit Facility”). This Secured Credit Facility provides the ability to increase Flagship REIT’s borrowing capacity up to $125 million through […]
News Release: Capital Square 1031 Completes DST Offering of Newly Constructed Dialysis Clinic Near Bakersfield, California
Richmond, Va. (Aug. 8, 2018) – Capital Square 1031, a leading sponsor of Delaware statutory trust investments, announced today that CS1031 California MOB I, DST, comprised of a newly constructed dialysis clinic near Bakersfield, Calif., has been fully subscribed by a total of 16 investors. “This DST investment in California illustrates Capital Square’s ability to […]
News Release: Welltower Announces Promotions and New Structure for Corporate Finance and Asset Management
Toledo, Ohio, Aug. 7, 2018 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced the promotion of Shankh Mitra to Executive Vice President and Chief Investment Officer from his current position as Senior Vice President, Investments and the promotion of Tim McHugh to Senior Vice President, Corporate Finance from his current position as Vice President, Finance and Investments. Additionally, Tim Lordan has been […]
News Release: Physicians Realty Trust Announces Amendment and Extension of Credit Agreement
Announces Commencement of Rent on Kennewick MOB Milwaukee –(BUSINESS WIRE)–Physicians Realty Trust (NYSE: DOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed healthcare real estate investment trust, today announced that it entered into an amended and restated credit agreement (the “Credit Agreement”), extending the maturity date of the Credit Agreement from September 18, […]
News Release: Catalyst Healthcare Real Estate acquires multistate healthcare real estate portfolio
August 6, 2018 Pensacola, FL – Catalyst Healthcare Real Estate (“Catalyst HRE”), a leader in healthcare real estate, has completed the acquisition of a 21-property healthcare portfolio with a total cost of approximately $150 million (the “Portfolio”). The Portfolio spans 8 states and is 95% leased, totaling 530,182 square feet. This is Catalyst HRE’s largest […]
News Release: LaSalle Investment Management selects JLL to lease, manage iconic medical office building in the Texas Medical Center
HOUSTON, Aug. 6, 2018 – JLL today announced the firm has been selected by LaSalle Investment Management to lease and manage 6400 Fannin Street, a 510,000-square-foot ultra-core, trophy medical office building (MOB) within the world’s largest medical complex, the Texas Medical Center (TMC). One of the nation’s largest medical office buildings, the Class A+ building […]
News Release: Bear Real Estate Advisors Represents Columbia Property Investors in More Than $6 Million Acquisition of Medical Office Building
PHILADELPHIA – (Aug. 2, 2018) – Bear Real Estate Advisors announced today that the real estate investment services firm represented Columbia Property Investors in its acquisition of a 15,000-square-foot medical office building 100 percent leased to St. Luke’s University Health Network in Brodheadsville, Pennsylvania. Columbia Property Investors acquired the property for in excess of $6 […]
News Release: Just Closed: Edmonds Medical Center
CBRE U.S. Healthcare Capital Markets acted as the exclusive advisor for the sale of the Edmonds Medical Center in Edmonds, Washington. Sale Date: July 30, 2018 Sale Price: $23,500,000 Price Per SF: $431/SF Property Size: 54,516 SF Occupancy: 100% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the Edmonds Medical Center (the “Property”). […]
News Release: Healthcare Trust of America, Inc. Announces Greenville, SC Medical Office Sale Agreement
News Provided by Healthcare Trust of America, Inc. Scottsdale, Ariz., Aug. 2, 2018 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA) announced today that it entered into an agreement to sell a portfolio of medical office buildings affiliated with Greenville Health System (“GHS”) for $285 million. The portfolio consists of 16 MOBs totaling approximately 856,000 square feet of GLA […]
News Release: Investor purchases net leased medical office buildings in Asheville, NC
JLL completes $35.2 million sale of Mission Health’s Asheville portfolio to MB Real Estate unit Ashville, NC. August 1, 2018 – JLL’s Capital Markets experts have completed the $35.2 million sale of three medical office buildings in Asheville, North Carolina on behalf of health system Mission Health and its affiliated physicians. The buyer, Chicago-based MBRE Healthcare, is […]
News Release: Davis enters Iowa healthcare real estate market with acquisition of Mercy Coral West
National firm known for its Minnesota projects recently closed on the 60,000 square foot, 100 percent occupied multi-specialty medical center in Coralville near Iowa City IOWA CITY, Iowa, and MINNEAPOLIS, Aug. 1, 2018 – Davis, a national healthcare real estate (HRE) development, property management, brokerage and investment firm, announced its first HRE transaction in Iowa with […]
News Release: H2C Advises Marin Healthcare District on $224 Million Series 2017A General Obligation Bond Financing
New York — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, through its wholly-owned subsidiary H2C Securities Inc. (“H2C”), served as the exclusive financial advisor to the Marin Healthcare District (“MHD”) in connection with the issuance of MHD’s $224 million General Obligation Election of 2013, Series 2017A Bonds. On Nov. 5, 2013, Marin County […]