News Release: Hammond Hanlon Camp LLC Advises Tower Health on its Acquisition of 5 Pennsylvania-based Hospitals from Community Health Systems
posted on June 6, 2018 NEW YORK — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, served as the financial advisor to Reading Health System (the “System” or the “Company”), now known as Tower Health, on its acquisition of five hospitals from Franklin, Tenn.-based Community Health Systems. Headquartered in Reading, Pa., the Company […]
News Release: MedProperties and Anchor Health Properties acquire two-building Shady Grove MOB portfolio
Partners say the Rockville, Md., medical office buildings’ revitalized tenancy, strategic location and affluent patient base will make the complex a market leader for medical space ROCKVILLE, Md.; DALLAS; and CHARLOTTESVILLE, Va., June 6, 2018 – MedProperties’ newest investment – the Shady Grove Medical Office Building (MOB) portfolio in Rockville – is the company’s first […]
Transactions: Biggest MOB portfolio sale since Duke Realty?
Industry sources say CNL Healthcare Properties plans to sell its MOBs ORLANDO, Fla. – In what could be the largest medical office building (MOB) portfolio sale since last year’s Duke Realty sale, multiple healthcare real estate (HRE) industry sources tell Healthcare Real Estate Insights that CNL Financial Group plans to sell the MOB portfolio owned […]
Transactions: Kayne Anderson acquires fully occupied, two-story, 53,000 s.f. Schaumburg, Ill., surgery center for $17.75 million
SCHAUMBURG, Ill. – The Boca Raton, Fla.-based real estate unit of Kayne Anderson Capital Advisors has acquired the two-story, 53,000 square foot Barrington Orthopedic Specialists building in Schaumburg for $17.75 million, or about $335 per square foot (PSF). The 100 percent occupied, single-tenant, off-campus MOB at 929 W. Higgins Road opened in 2011. It was […]
Transactions: Healthcare Realty Trust acquires Oklahoma City MOB for $11.4 million
OKLAHOMA CITY — Nashville, Tenn.-based Healthcare Realty Trust Inc. (NYSE: HR) has acquired the six-story, 81,705 square foot Northwest Medical Center on 3.47 acres at 3330 N.W. 56th St. in Oklahoma City for $11.4 million, or about $140 per square foot (PSF). Local news media reported the sale of the multi-tenant, on-campus MOB in late […]
News Release: New lease announcement
Davis is pleased to announce a new long-term lease has been signed at CityPlace Medical Associated Eye Care will join Minnesota Gastroenterology in this brand new, class A medical office development. Their 15,000 sf first floor clinic will combine their Woodbury and St. Paul locations to provide the community with top notch eye care. CityPlace Medical is scheduled […]
Thought Leaders: H2C MOB Report 1Q18: As H2C Predicted – Robust 1st Quarter – Will Stable Transaction Volume and Cap Rates Hold as Rates Rise?
Hammond Hanlon Camp LLC | H2C News 1Q18 H2C Medical Office Building Report As H2C Predicted – Robust 1st Quarter – Will Stable Transaction Volume and Cap Rates Hold as Rates Rise? NEW YORK — June 5, 2018 — “The delayed closings may likely lead to a robust first quarter in 2018.” This was H2C’s quote in its […]
News Release: Anchor Health Properties Acquires 275,000 Square Feet of Medical Office Buildings
FOR IMMEDIATE RELEASE June 5, 2018 Contact: Rachael Osberger, Anchor Health Properties, rosberger@anchorhealthproperties.com; 302-655-1010 (Charlottesville, VA) Anchor Health Properties (Anchor) has maintained an active status in healthcare real estate investment activity in 2018 with the recent acquisition of three Class A medical office buildings in Charlotte, North Carolina; Las Vegas, Nevada; and Boston, Massachusetts. The investments […]
News Release: ESI Arranges Sale of Arkansas Seniors Housing Portfolio for $38M
Evans Senior Investments (ESI) successfully represented the sale of two seniors housing facilities in Arkansas for approximately $37,965,000 ($183,000 price per unit). The portfolio consisted of two facilities encompassing 208 total seniors housing units (56 independent living cottages, 116 assisted living units, and 36 memory care units). The two facilities were located approximately 10 miles […]
News Release: New Lease at Foliage Medical
Davis is happy to announce a new lease at the Foliage Medical Building! Advanced Family Eyecare In November, Advanced Family Eyecare will join Minnesota Mental Health Clinics and Modern Care Endodontics in this Class A Medical Office Building in Apple Valley! Foliage Medical Building is a new one story medical office building near the intersection […]
News Releases: EYP’s New Office Celebrates Downtown Atlanta – and Its Own, Distinctive Organization
Atlanta, GA, May 31, 2018 – Gone are the days when offices mirrored corporate organization charts and individual work spaces measured their occupants’ rank and title–as the new Atlanta office of EYP at 100 Peachtree Street makes joyously evident. Previously
News Releases: Griffin-American Healthcare REIT IV Acquires Medical Office Building Near Detroit
DETROIT (May 31, 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
News Release: Easterly Government Properties announces acquisition of 56,753 Sf Department of Veterans Affairs facility in Golden, CO
WASHINGTON, D.C. – May 30, 2018 – Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it has acquired a 56,753-square foot Department of Veterans Affairs […]
News Release: Medical Properties Trust, Inc. Agrees to Sell Equity Investment in Ernest Health, Inc. to One Equity Partners
Transaction to Generate Proceeds to MPT of $175 Million for an Approximate 13% Unlevered IRR on 2012 Investment of $96 Million May 30, 2018 08:30 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (“MPT” or the “Company”) (NYSE: MPW) announced today that it has entered into definitive agreements with affiliates of One Equity […]
News Release: Kayne Anderson Real Estate Closes Fifth Equity Fund at $1.8 Billion Hard Cap
Oversubscribed Fund to Capitalize on Compelling Demographic Drivers Target Real Estate Sectors Include Seniors Housing, Medical Office Buildings and Student Housing in the U.S. NEWS PROVIDED BY Kayne Anderson Real Estate May 30, 2018, 08:30 ET BOCA RATON, Fla., May 30, 2018 /PRNewswire/ — Kayne Anderson Real Estate (“KA Real Estate”), a leading real estate private equity investor in […]