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 […]
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: 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