News Release: Investment Property Activity
Just sold: EASTVIEW PROFESSIONAL BUILDING, 1370 116th Ave NE, Bellevue, WA 98004 Canyon Park Office Center is a 42,590 SF 3-story steel-framed office building where the first floor is dedicated to covered parking. The Property, featuring a brick-clad exterior, was built in 1990, and is currently 77.6% leased to 13 tenants ranging in size from 1,129 SF […]
News Release: Colliers International to make transformational strategic investment in Harrison Street Real Estate
Date Published: 05/14/2018 Creates leading international asset management business and further strengthens Colliers’ global platform and service offerings TORONTO AND CHICAGO, May 14, 2018 – Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ and TSX: CIGI) today announced it has agreed to make a transformational, strategic investment in Harrison Street Real Estate […]
News Release: Capital Square 1031 Acquires Portfolio of Nine Medical Office Buildings in Five States
Buildings are 100 percent leased for 15 years to local operators of Fresenius Medical Care, an industry-leading provider of dialysis services and products+ Capital Square 1031, a leading real estate investment and management firm specializing in Delaware statutory trust offerings, announced today its acquisition of a portfolio of nine medical office buildings located in five […]
News Release: NKF Capital Markets Orchestrates $11.5 Million Transaction of Blue Hills Medical Center
Jumbo Capital Management Sells Suburban Boston Medical Office Building to Novaya Real Estate Ventures NKF Capital Markets has successfully completed the sale of Blue Hills Medical Center in Braintree, Massachusetts to Novaya Real Estate Ventures for $11.55 million. On behalf of Jumbo Capital Management, NKF Capital Markets Executive Managing Director Frank Nelson and Managing Director […]
News Release: Montecito Medical Acquires Another Georgia Medical Office Building
Montecito Medical Acquires Medical Office Building and Surgery Center in Georgia Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has acquired the Pinnacle Orthopaedics Center, a Class A medical office and surgery center from a leading orthopedic provider in Woodstock, Georgia, approximately 30-miles north of downtown Atlanta and part of […]
News Release: Flagship Healthcare Properties Announces Private REIT
Flagship Healthcare Properties, LLC (“FHP”) is pleased to announce the launch of Flagship Healthcare Trust (“Flagship REIT”), a private Real Estate Investment Trust that owns clinical healthcare assets in the United States. Flagship REIT comes to market with interests in more than 30 healthcare properties and a market value over $250 million. Flagship REIT plans […]
News Release: Confluent Senior Living Completes Sale of Fort Collins Senior Living Community
Kayne Anderson Real Estate acquires MorningStar of Fort Collins Confluent Senior Living, a subsidiary of Denver-based real estate investment and development firm, Confluent Development, is pleased to announce the sale of its MorningStar of Fort Collins senior living community. Previously the owner of the project, Confluent Senior Living co-developed the community with its operating partner […]
News release: Easterly Government Properties announces agreement to acquire 90,085 sf Department of Veterans Affairs outpatient facility in San Jose, CA
~ Easterly’s 3rd VA Acquisition~ WASHINGTON, D.C. –May 8, 2018–Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on theacquisition, development and managementof Class A commercial properties leased to the U.S. Government,announced today that it has agreed to acquirea 90,085-square foot Department of Veterans Affairs (“VA”)San Jose Community-Based Outpatient […]
News Release: IRA Capital adds three Medical Office Buildings totaling 117,000 SF to its Healthcare Portfolio
Katy Medical Arts Fletcher Medical Center Northwest Cardiology MOB IRVINE, CA., May 2, 2018 – Irvine-based IRA Capital has announced the acquisition of three medical office properties totaling 117,000 square feet. One of the buildings is located in the greater Houston market, and two of the buildings are located in the greater Chicago market. Katy […]
News Release: Griffin-American Healthcare REIT IV Acquires Medical Office Building Near Phoenix
SURPRISE, Ariz. (May 2, 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 Surprise Medical Office Building, located in the Phoenix suburb of Surprise, Arizona, for $11.7 million. Built in 2012, the approximately 34,000-square-foot Surprise Medical Office Building is […]
News Release: BMO Harris Healthcare Real Estate Finance acts as Sole Lender of $18.98 Million Facility for Rendina Healthcare Real Estate
BMO Harris Bank’s Healthcare Real Estate Finance group announced that it closed an $18.98MM construction loan for the development of a three-story, 61k sq. ft., ambulatory care center in downtown Bristol, CT. The Property is 100% leased to Bristol Hospital Multi-Specialty Group Inc., a subsidiary of Bristol Hospital, Inc. The facility will include a diabetic […]
Transactions: Healthcare Trust Inc., formerly ARC HT II, makes its first 2018 acquisition; AY was the broker
New York-based Healthcare Trust Inc., a non-traded real estate investment trust (REIT), recently made its first acquisition of 2018, acquiring the Texas Children’s Hospital MOB in Houston. The
Transactions: Local firm acquires 128,000 s.f. MOB near Las Vegas; Capital One and Kayne provide financing
Las Vegas-based The Stable Development Cos. recently acquired a 128,000 square foot MOB at 7455 W. Washington Ave. in Summerlin, near Las Vegas. The company plans to make
News Release: Welltower Reports First Quarter 2018 Results
Welltower Inc. (NYSE: WELL) today announced results for the quarter ended March 31, 2018. For the quarter, we generated net income attributable to common stockholders of $1.17 per share and normalized FFO attributable to common stockholders of $0.99 per share. Quarterly Highlights Delivered $137 million of pro rata development projects with an expected stabilized yield of 9.3% Funded $476 million in pro-rata new property acquisitions at […]
Transactions: Heitman paid $585M for portfolio
The PHT Portfolio included 17 assets totaling about 1.4 million square feet By John B. Mugford One of the “highest quality, on campus portfolios ever offered” has changed hands, with Chicago-based Heitman LLC purchasing 17 medical office buildings (MOBs) totaling about 1.4 million square feet, according to a Feb. 16 news release from Heitman.