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 […]
Transactions: Unit of German bank buys NYC MOB for $332.5M (UPDATED)
Commerz Real pays $854 PSF, 4.45 cap rate for asset leased by NYU Langone NEW YORK — In what might be the biggest single-asset medical office building (MOB) transaction ever, Eschborn, Germany-based Commerz Real, the real assets investment manager of Frankfurt-based Commerzbank AG, closed May 29 on the $332.5 million acquisition of a 25-story, 389,522 […]
News Release: Columbia Property Trust Sells 25-Story Manhattan Office Tower for $332.5 Million
Value of 222 East 41st Street in Midtown East supported by full-building, 30-year lease to NYU Langone Medical Center signed in 2016 Columbia Property Trust has completed the sale of Manhattan office tower 222 East 41st Street, which is fully leased to NYU Langone for 30 years, to Commerz Real for $332.5 million. (Photo: Frank Zimmerman) […]
News Release: $8,300,000 – Medical Office Portfolio – Just Closed
JUST CLOSED American Addiction Center Portfolio | $8,300,000 | ISG 2975 S. Rainbow Boulevard + 8 Residential Rehab Facilities The Investment Services Group at Sun Commercial Real Estate is proud to announce the closing of a Single Tenant Absolute Triple Net Leased Portfolio which includes One (1) Class B Office Building (38,784 SF) and Eight […]
News Release: HFF announces sale and financing for suburban Atlanta seniors housing community
Holliday Fenoglio Fowler, L.P. (HFF) announces the sale and financing for Village Park at Alpharetta, a newly built, 127-unit luxury seniors housing community in the Atlanta suburb of Alpharetta, Georgia. The HFF team marketed the property on behalf of the seller, Village Park Senior Living. Harbert Management Corporation purchased the offering free and clear of […]
News Release: CIT Closes on $15.3 Million Loan for Acquisition of Medical Office Building
CIT Closes on $15.3 Million Loan for Acquisition of Medical Office Building San Diego property houses a variety of physician medical practices NEW YORK — May 29, 2018 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business, part of the Commercial Finance division, has closed on a $15.3 million loan to finance […]
News Release: Closed – 4800 Medical Center
CLOSED – 4800 Medical Center 4800 North Federal Highway, Fort Lauderdale, FL PRESS RELEASE CBRE announced today it has arranged the $2.65 million sale of 4800 Medical Center, a 100% leased medical office building in Fort Lauderdale. Located on 4800 North Federal Highway, directly across from Holy Cross Hospital, the property consists of a 0.44-acre parcel improved […]
Transactions: Montecito Medical acquires pair of adjacent, ortho-anchored MOBs in Covington, Ga
In more news from Montecito Medical Real Estate, the company recently closed on the acquisition of adjoining medical facilities in Covington, about 30 miles east of Atlanta. With a total of 32,785
Transactions: Condo deals could signify a trend
Hammes partners acquires condos in California; similar sale takes place in Illinois By John B. Mugford In certain parts of the country – Florida, Southern California, parts of Texas – quite a large number of physicians and small group practices own their own medical office condominiums. When the product type really took off in the […]
Transactions: The Sanders Trust lands cancer center building in Fort Wayne, Ind., for $15 million
According to a local report, Birmingham, Ala.-based The Sanders Trust (TST) recently acquired the 47,000 square foot Lutheran Hospital Cancer Center in Fort Wayne, paying $15 million. The
Transactions: Global Medical REIT buys MOB portfolio in Orlando, Fla., area for $16.2 million
Bethesda, Md.-based Global Medical REIT Inc. (NYSE: GMRE) recently paid $16.2 million for a portfolio of five MOBs in Greater Orlando. The buildings have a total of 59,644 square feet and are
Transactions: Montecito Medical adds to its portfolio in buying a 34,554 square foot MOB in Salem, Ore
Montecito Medical Real Estate recently acquired a two-story, 34,554 square foot MOB at 5050 Skyline Village South in Salem, according to the company. WVP-The Doctors’ Clinic is fully occupied by
News Releases: Just Closed :: Pinnacle Orthopaedics Woodstock
CBRE U.S. Healthcare Capital Markets acted as the exclusive advisor for the sale of Pinnacle Orthopaedics Woodstock in Woodstock, Georgia. Sale Date: May 7, 2018 Property Size: 31,764 SF Occupancy: 100%
News Releases: Ready Capital Structured Finance Closes Non-Recourse Loans for approximately $60 Million in California, Colorado, Virginia, North Carolina and Texas
NEW YORK, May 24, 2018 (GLOBE NEWSWIRE) — Ready Capital Structured Finance, a nationwide commercial real estate bridge and mezzanine lender, announces the closing of non-recourse loans in
News Releases: Harper Building Press Release
Medical Office Building In Charlotte’s Ballantyne Corporate Park Trades Hands, CBRE Represents Seller Charlotte – May 23, 2018 – CBRE has arranged the sale of Harper Building, a 47,007-sq.-ft. Class A medical office asset located within the Ballantyne Corporate Park at 14135 Ballantyne Corporate Place in Charlotte, NC. At 95% occupancy, the property is currently […]