News Release: News from HRE Capital
$23 Million Capitalization of the Acquisition of a 218-Bed Acute Care Hospital and Structured Parking Facility Located in Dallas, Texas Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) served as financial advisor to Pipeline Health (“Pipeline” or “Operator”) related to the acquisition of the City Hospital at White Rock, formerly the Baylor Scott & White […]
News Release: Cushman & Wakefield Announces Sale of Katy Medical Arts Building
Gino Lollio and Scott Niedergang of Cushman & Wakefield’s Healthcare Capital Markets team have facilitated the sale of the Katy Medical Arts Center near Houston. The 61,082-square-foot medical office building is fully occupied by a range of healthcare tenants that provide primary care, ophthalmology, cardiology, podiatry, lab, endovascular surgery, mammography, hand and general surgery, nephrology, […]
News Release: Griffin-American Healthcare REIT IV Acquires Two-Property Central Wisconsin Senior Care Portfolio for $22.6M
American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today the REIT has completed the acquisition of the 254-bed, two-property Central Wisconsin Senior Care Portfolio for approximately $22.6 million. The portfolio’s properties are located in the Madison suburbs of Waunakee and Sun Prairie, Wisconsin. Central Wisconsin Senior […]
News Release: Chicago RE Firm Acquires Excel Centre in San Diego for $37.1 Million
Premier Medical/Office Property Anchored by Kaiser Permanente SAN DIEGO, Calif. – March 6, 2018 – Excel Centre, a premier 83,213-square-foot (sf) medical office building in San Diego, California anchored by Kaiser Permanente has recently sold to Chicago-based MBRE Healthcare for $37.1 million. The property is located at 17140 Bernardo Center Dr. in Rancho Bernardo, an upscale master-planned community along […]
News Release: HFF advises Columbia Pacific Advisors on the $114.69M financing for Seattle seniors housing development
Holliday Fenoglio Fowler, L.P. (HFF) advised Columbia Pacific Advisors on the $114.69 million financing for the development of 620 Terry, a luxury, high-rise seniors housing property in Seattle, Washington’s First Hill neighborhood. The participating development loan was provided by HCP, Inc. 620 Terry will total 243 Class A residential units comprising 194 independent living units, […]
News Release: CareTrust REIT Acquires Michigan Portfolio
CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it acquired a 464-bed, five-property skilled nursing portfolio clustered around the Grand Rapids, Michigan area. The transaction was structured as a sale-leaseback with the portfolio’s long-time owner-operator, Metron Integrated Health Systems, based in Grand Rapids. The sale-leaseback represented an opportunity for Metron to strategically recapitalize the company and lay […]
News Release: Invesque Establishes Medical Office Building Platform with US$142 Million Acquisition of Mohawk Medical Properties REIT
NEWS PROVIDED BY Invesque Inc. Mar 02, 2018, 08:17 ET TORONTO, March 2, 2018 /CNW/ – Invesque Inc. (TSX: IVQ.U) (the “Company”) announced it has entered into an arrangement agreement (“Arrangement Agreement”) with Mohawk Medical Properties Real Estate Investment Trust and its subsidiary, Mohawk Medical Operating Partnership (I) LP (collectively, “Mohawk REIT”) to acquire all […]
News Release: News from HRE Capital
Transaction Overview HRE Capital acted as a financial advisor related to the transaction of an 11 asset, 377,522 square foot medical office portfolio (“Portfolio”) located throughout the United States. The Portfolio, which transacted for $151,300,000, is 97% leased with a weighted average age of approximately ten years and is tenanted by high-quality regional hospitals and multi-specialty […]
News Release: Montecito Medical Ranked #1 Privately Held Buyer of Medical Real Estate for Second Consecutive Year
February 28, 2018 12:49 PM Eastern Standard Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., finished 2017 as the nation’s top privately held acquirer of medical office buildings. It was the second straight year that the Nashville-based company achieved this distinction. The rankings are based on […]
News Release: Oceanside’s Pacific Gateway Towers Office/Medical Project Fetches over $14.9 Million
For Immediate Release Oceanside’s Pacific Gateway Towers Fetches over $14.9 Million Cushman & Wakefield’s Multi-Service Platform Helps Reposition Property as Premier Asset SAN DIEGO, Calif. – February 26, 2018 – Pacific Gateway Towers, a 68,748-square-foot, two-building Class A office and medical project in Oceanside (San Diego), California has sold for $14.94 million. Private Investor Charlie Jadallah acquired the property […]
Transactions: Inland acquires MOB near Texas Health Presbyterian Hospital in Dallas
Oak Brook, Ill.-based Inland Real Estate Acquisitions LLC recently negotiated and closed the sale of a 16,050 square foot MOB at
Transactions: Physicians Realty Trust closes on more MOBs, ending 2018 with a record $1.4 billion
Milwaukee-based Physicians Realty Trust (NYSE: DOC) announced Dec. 21 that it completed more than $1.4 billion in medical office
Transactions: Flagship Healthcare Properties buys MOB in Southport, N.C., near St. James Plantation
Charlotte, N.C.-based Flagship Healthcare Properties recently purchased the 25,500 square foot Dosher Wellness Center next to the St. James Plantation residential and recreational area of
Transactions: Harrison Street acquires on-campus MOB in Marin County, Calif., for record $706 PSF
Greenbrae, Calif. – Chicago-based Harrison Street Real Estate Capital recently acquired the 45,277 square foot Marin Cancer Institute MOB at 1350 S. Eliseo Drive, on
Transactions: HTA acquires Northpoint Medical Arts building in Dallas for $19.3 million
Scottsdale, Ariz.-based Healthcare Trust of America (NYSE: HTA) recently acquired the 118,876 square foot Northpoint Medical Arts building in Dallas. According to RCA, HTA paid $19.3 million, or