News Release: Montecito Medical Acquires Virginia Eye Consultants
Montecito Medical Acquires Flagship Medical Office Building of Virginia Eye Consultants Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has acquired the Virginia Eye Consultants medical office building and ambulatory surgery center in Norfolk, Virginia. The 34,177 square-foot building serves as headquarters for Virginia Eye Consultants (VEC), one of the most […]
News Release: Avison Young Negotiates MOB Sale in Houston
Texas Children’s Hospital Medical Office Building sells to Healthcare Trust, Inc. Avison Young announced today that it has negotiated the sale of the Texas Children’s Hospital Medical Office Building, a 25,000-square-foot, Class A multi-tenant medical building at 5650 East Sam Houston Parkway North on the east side of Houston, TX. Avison Young Principals Mike Wilson, […]
News Release: HCP Closes on the Sale of Its Tandem Mezzanine Loan Investment
HCP (NYSE: HCP) today announced it has closed on the sale of its Tandem mezzanine loan investment to Fundamental Advisors LP, a leading alternative asset manager, for $112 million. “We are pleased to close on the disposition of our last mezzanine loan investment,” said Scott Brinker, HCP’s Chief Investment Officer. “With this sale, and the […]
News Release: Capital One Combines Bridge and Fannie Mae Financing to Refinance HTI Senior Housing Portfolio
Capital One announced today that it has added seven senior housing properties owned by subsidiaries of Healthcare Trust, Inc. (HTI) to HTI’s Fannie Mae credit facility. This transaction brings the total facility to $216.6 million, an increase of $64.2 million. In December, Capital One also served as administrative agent and sole lender for an $82 million […]
News Release: H2C Advises Texas Health Resources on $764.6 Million in Bond Financings, Completes Multi-Year Plan of Finance
Hammond Hanlon Camp LLC Advises Texas Health Resources on $764.6 Million in Bond Financings, Completes Multi-Year Plan of Finance Hammond Hanlon Camp LLC, through its wholly-owned subsidiary H2C Securities Inc. (“H2C”), served as the exclusive financial advisor to Texas Health Resources (“THR” or the “System”) in connection with the issuance of $764,575,000 in tax-exempt bonds, […]
News Release: San Antonio medical group signs 10-Year, 20,954 SF Lease Renewal
San Antonio Gastroenterology Associates Signs 10-Year, 20,954 SF Lease Renewal at Medical Center Tower II San Antonio Gastroenterology Associates (SAGA) has signed a 10-year, 20,954-square-foot lease renewal at Medical Center Tower II, located on the campus of CHRISTUS Santa Rosa Hospital – Medical Center. SAGA, the longest-standing gastroenterology group in San Antonio, has provided outpatient surgery […]
News Release: Coldwell Banker Commercial Westmac arranges $4.7 million sale of medical-office building in West Los Angeles, CA
LOS ANGELES, CA – 03/12/2018 Coldwell Banker Commercial WESTMAC has arranged the sale of 11669 Santa Monica Boulevard in West Los Angeles for $4,700,000. A private seller has sold the ± 7,658-square foot medical-office building for approximately $613 per square foot. Located near the corner of Santa Monica Boulevard and S. Barrington Avenue, the highly-visible […]
News Release: Pipeline Healthcare Management LLC Enters Dallas Healthcare Market to Improve Access to Quality, Community-Based Medical Care
Baylor Scott & White Medical Center–White Rock becomes City Hospital at White Rock Pipeline Healthcare Management LLC, a successful community-based hospital management company, announced today that they have acquired Baylor Scott & White Medical Center—White Rock to bring a better healthcare experience to East Dallas. The hospital will be renamed City Hospital at White Rock. […]
News Release: JUST SOLD: Summit at Venice
Just Sold in Venice, Florida: Krone Weidler is pleased to announce the successful sale of Summit at Venice. This 40,440 square-foot assisted living facility is located in the historic section of Venice, Florida, and considered one of the premier communities in the area. Krone had the exclusive listing to market the property on behalf of […]
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 […]