News Release: Just Sold: BayCare Urgent Care – St. Petersburg
Just Sold: We are pleased to announce the sale of this BayCare Urgent Care located at 2331 4th Street North in St. Petersburg, FL. Headed by LJ Tsunis, the team brought four offers to the table, and carried this asset from listing to close in 60 days. This offering gave the investor the opportunity to […]
News Release: Griffin-American Healthcare REIT IV Acquires Medical Office Building in Grand Junction, Colorado
GRAND JUNCTION, Colo. (July 9, 2018) – American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired a Class A medical office building in Grand Junction, the largest city in western Colorado, for $31.5 million. Built in 2013, the approximately 83,000-square-foot Grand […]
News Release: ESI Arranges Sale of North Carolina Skilled Nursing Facility for $7.0M
Evans Senior Investments (ESI) successfully represented the sale of Gastonia Care and Rehab, a 118-bed skilled nursing facility in North Carolina for $7.0 million, or $59,000 per bed. Located within a tertiary market outside of Charlotte, Gastonia Care and Rehab was operated by a national operator. At the time of the sale, the facility averaged […]
Transactions: Flagler Investment Holdings of Miami acquires MOB near hospital in Delray Beach, Fla.; NKF brokers the sale
DELRAY BEACH, Fla. – Miami-based Flagler Investment Holdings recently acquired the 32,520 square foot Delray Medical Office at 4675 Linton Blvd. in Delray Beach, a city along the Atlantic Ocean. According to healthcare real estate (HRE) research firm Revista, the price was $9.75 million, or $295 per square foot (PSF), for the 75 percent occupied […]
New Release: Colliers International completes strategic investment in Harrison Street Real Estate
Date Published: 07/05/2018 Leading Real Estate Asset Investment Manager Anchors New Growth Platform TORONTO AND CHICAGO, July 5, 2018 – Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ and TSX: CIGI) has completed its previously announced, strategic investment in Harrison Street Real Estate Capital LLC (“Harrison Street”), one of the largest real […]
News Release: Just Closed :: UCHealth Emergency Room – Littleton
CBRE U.S. Healthcare Capital Markets acted as the exclusive advisor for the sale of UCHealth Emergency Room in Littleton, Colorado. Sale Date: June 28, 2018 Sale Price: $9,015,000 Price Per SF: $1,213/SF Property Size: 7,430 SF Occupancy: 100% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of UCHealth Emergency Room – Littleton […]
News Release: Inland Real Estate Acquisitions Closes Purchase of Phoenix MOB
Inland Real Estate Acquisitions, LLC Closes the Purchase of Phoenix, Arizona Medical Office Building Oak Brook, Ill. (June 29, 2018) – Inland Real Estate Acquisitions, LLC announced today that it negotiated and closed the purchase of the Banner Health Medical Office Building, located in Phoenix, Arizona. Sharon Anderson-Cox, senior vice president of Inland Real Estate […]
News Release: Seattle Based Sono Bello Signs Lease For First Oklahoma Location
OKLAHOMA CITY, OK – June 28, 2018 – Seattle based Sono Bello, a cosmetic surgery company, has signed its first Oklahoma lease for 9,600-square-feet at Memorial Springs Medical Building at 13100 North Western Avenue in Oklahoma City. Susan Jordan and Kelsey Gilbert, with CBRE’s Oklahoma City office, and Brian Biege, with CBRE’s Bellevue, Washington office, […]
News Release: CNL Healthcare Properties announces special committee, names financial advisors to consider strategic alternatives
News Release (ORLANDO, Fla.) June 26, 2018 — CNL Healthcare Properties, a real estate investment trust (REIT) focused on seniors housing and healthcare facilities, announced today that the board of directors has appointed a special committee of its independent board members to evaluate strategic alternatives to provide liquidity to shareholders, and has now named financial […]
Transactions: Business as usual for Harrison Street
After selling 75% of firm, company resumes it acquisitive ways By John B. Mugford CHICAGO — According to healthcare real estate (HRE) industry sources, it will be business as usual for Harrison Street Real Estate LLC following its recent sale of a 75 percent stake in the company for $450 million to Toronto-based Colliers International Group LLC. […]
News Release: Saxum Real Estate Acquires Downtown Madison MOB
MADISON, N.J., June 22, 2018 – Saxum Real Estate, a privately-held real estate investment and development firm has added to its growing portfolio with the acquisition of 345 Main St, Madison, NJ. Saxum acquired the property in partnership with two leading physician groups, which will leaseback all remaining vacancy in the building under long-term leases. […]
News Release: Flagship Healthcare Properties Acquires Medical Campus in Georgia
Flagship Healthcare Properties Grows Portfolio with Acquisition in Georgia Flagship Healthcare Properties has made a new acquisition in the state of Georgia, acquiring for its private REIT portfolio the RiverStone Medical Campus (“RiverStone”) in Blue Ridge, 90 miles north of Atlanta. The Class A, ±75,000 square foot medical office building is located at 101 RiverStone […]
News Release: Announcement – $20,700,000 Medical Office Sale / Fairfield Advisors
Fairfield Advisors announces sale of Tuscano Medical Office and Horizon Surgery Center in Henderson, NV. – $20,700,000 Transaction – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Tuscano Medical Office Building and Horizon Surgery Center located at 10561 Jeffreys Street in Henderson, NV. The medical building totals […]
News Release: CIT loan to MOB
CIT Closes on $26.6 Million Loan for Rockville, Md., Medical Buildings CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business, part of CIT’s Commercial Finance division, has closed on a $26.6 million loan to finance the purchase of two adjoining medical office buildings in Rockville, Md. The properties, known as the Shady […]
News Release: Just Closed: Mission Health Asheville Portfolio | 86,450 RSF
Just closed: Mission Health Asheville Portfolio The JLL Healthcare Capital Markets Group is pleased to announce the sale of the Mission Health Asheville Portfolio, containing three medical office buildings totaling 86,450 rentable square feet in Asheville, North Carolina. The properties are under 10-year single-tenant leases to Aa3-rated Mission Health, the dominant healthcare provider in western North Carolina. […]