Transactions: JV partners Cypress West and Virtus pay $31.8M for MOB in Henderson, Nev.; HFF was the broker
In their first joint venture (JV) acquisition together, Rancho Santa Margarita, Calif.-based Cypress West Partners and Austin, Texas based Virtus Real Estate Capital LLC recently paid $31.8 million for
Transactions: Anchor Health Properties acquires MOBs in Las Vegas and Garden City, N.Y
Wilmington, Del.-based Anchor Health Properties kicked off 2018 with a pair of MOB acquisitions. In Las Vegas, Anchor paid $17.1 million, according to RCA, for a fully occupied, 64,435 square foot
Transactions: Caddis acquires three MOBs; Marcus & Millichap brokers $15.1 million sale of one of the assets
Dallas-based Caddis recently acquired one MOB in Georgia and two in Texas totaling more than 120,000 square feet and added them to its first investment fund. Although details on the Texas acquisitions
Transactions: Kayne-MBRE buys MOBs for $139.5M
ROFR opens door to acquisition of two assets developed by Meadows & Ohly By John B. Mugford A partnership of Los Angeles based Kayne Anderson Capital Advisors LP and Chicago-based MBRE Healthcare in January acquired two medical office buildings (MOBs) in Greater Atlanta from longtime […]
Transactions: MBRE acquires fully occupied MOB in Westford, Mass, for $19.05M; Cushman was the broker
According to information from real estate research firm Real Capital Analytics (RCA) Inc., Chicago-based MB Real Estate (MBRE) recently the 63,895 square foot Westford Health Center at 133
News Release: ProMedica Health System to Acquire HCR ManorCare Redefining Care for Seniors
ProMedica Health System to Acquire HCR ManorCare Redefining Care for Seniors – Welltower and ProMedica enter into Joint Venture that will propel ProMedica to be in the top 15 largest U.S. Health Systems – First, of its kind partnership spans the full spectrum of care, including wellness, skilled nursing, memory care, assisted living, hospice and […]
News Release: ProMedica Health System And Welltower To Acquire Quality Care Properties In Newly Formed Joint Venture
ProMedica (A1/A+) to Acquire QCP Principal Tenant, HCR ManorCare, and Enter Into New 15-Year Lease With Welltower and ProMedica Property Joint Venture (80/20) with 1.8x EBITDAR Coverage ~8% Yielding $2.2 Billion Investment at Welltower Share Investment Expected To Provide ~$0.20 Per Share Annual Accretion to Welltower(1) Joint Venture to Propel ProMedica to be in the […]
News Release: HFF announces $5.979M sale of Aurora Health Center in Milwaukee, WI
CHICAGO, IL – April 24, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $5,979,000 sale of Aurora Health Center, a 25,466-square-foot medical office building in Milwaukee, Wisconsin. The HFF team marketed the property on behalf of the seller, Atkins Companies, and procured the buyer, Healthcare Trust Inc. Completed in 2000, Aurora Medical Center is […]
News Release: HFF announces $5.979M sale of Aurora Health Center in Milwaukee, Wisconsin
Holliday Fenoglio Fowler, L.P. (HFF) announces the $5.979 million sales of Aurora Health Center, a 25,466-square-foot medical office building in Milwaukee, Wisconsin. The HFF team marketed the property on behalf of the seller, Atkins Companies, and procured the buyer, Healthcare Trust Inc. Completed in 2000, Aurora Medical Center is a multi-specialty outpatient facility and surgical […]
News Release: Stage Equity Acquires Hospital-Sponsored Medical Office Bldg in Green Bay
Stage Equity Partners Acquires On-Campus, Hospital-Sponsored Medical Office Building in Green Bay, Wisc. Stage Equity Partners LLC (“Stage”), a Chicago-based private real estate investment firm focused on healthcare assets, has acquired St. Mary’s Medical Office Building in Green Bay, Wisconsin for $7.275 million. The 50,000 square-foot on-campus medical office building is 100% leased to St. […]
News Release: Newmark Knight Frank Global Healthcare Services Sale Announcement
Newmark Knight Frank Global Healthcare Services RECENTLY SOLD: Belpre Medical Campus, Belpre, OH Total SF: 155,600 SF Medical Office Portfolio Selling Price: $64,200,000 Sale Date: 4/19/2018 Todd Perman, CCIM Executive Managing Director Global Healthcare Services 404.806.2510 tperman@ngkf.com Garth Hogan Executive Managing Director Global Healthcare Services 949.608.2115 ghogan@ngkf.com Dana Hamric Managing Director Global Healthcare Services 404.806.2513 dhamric@ngkf.com Bryan […]
News Release: Global Medical REIT Inc. Announces Closing of the Acquisition of the Belpre Medical Office Portfolio in Belpre, Ohio for an Aggregate Purchase Price of $64.2 Million
Press Release Company Release – 4/24/2018 8:15 AM ET BETHESDA, Md.–(BUSINESS WIRE)– Global Medical REIT Inc. (NYSE:GMRE) (the “Company”), a Maryland corporation engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built healthcare facilities and the leasing of these facilities to strong clinical operators with leading market share, today announced the following event: Closing of the Acquisition of […]
News Release: Montecito Medical Acquires Wisconsin Medical Office Building
Montecito Medical Acquires Medical Office Building from Leading Orthopedic Provider in Wisconsin FOR IMMEDIATE RELEASE April 24, 2018 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has acquired a significant healthcare property from Orthopaedic Associates of Wisconsin (OAW), one of the state’s leading providers of orthopedic services. […]
News Release: Cornerstar Healthcare Plaza – SOLD!
April 20, 2018 Health Connect Properties (HCP) closed on the sale of Cornerstar Healthcare Plaza on Monday, April 16th. The Class A medical office building is located at 15901 East Briarwood Circle, Aurora, Colorado. HCP represented the seller, Cornerstar Healthcare Plaza, LLC. The buyer was an entity advised by Anchor Health Properties and Chestnut Real […]
News Release: Cushman & Wakefield Announces Sale of Medical Office Condominium De-conversion
Acquired by private equity healthcare real estate investor IRA Capital Cushman & Wakefield announced today that Gino Lollio and Scott Niedergang of the firm’s Healthcare Capital Markets team have facilitated the sale of the Fletcher Drive Medical Center located 40 miles northwest of Chicago in Elgin, Illinois, to California-based private equity real estate investor IRA […]