News Release: MedProperties and Equity form JV, acquire 32,987 square foot Lakeside Professional Building
The 93 percent leased, multi-tenant medical building near Austin, Texas, boasts ideal location, strong tenancy, excellent sponsor relationship, immediate cash flow and expansion potential Some real estate acquisitions just have it all – every benefit a company could want. That’s the case with MedProperties’ and Equity’s acquisition of the 32,987 square foot Lakeside Professional Building […]
News Release: BGL Real Estate Partners Announce the Sale of St. Mary’s of Michigan Medical Office Building
BGL Real Estate Partners (BGLREP), a division of Brown Gibbons Lang & Company (BGL), is pleased to announce the real estate sale of St. Mary’s of Michigan Medical Office Building. BGLREP’s National Healthcare Real Estate Group served as the exclusive advisor to the seller in the transaction. St. Mary’s of Michigan Medical Office Building (“the […]
News Release: HFF announces financing for a 5-building mixed-use medical and office campus in Houston
Holliday Fenoglio Fowler, L.P. (HFF) announces financing for a mixed-use medical and office campus totaling five buildings and 505,000 square feet in the Bellaire submarket of Houston, Texas. The HFF team worked on behalf of the borrower, Norvin Healthcare Properties, to secure acquisition loans for the campus. Erik Tellefson at Capital One provided financing for […]
News Release: Carter Validus Mission Critical REIT II, Inc. Acquires Approximately $73 Million in Healthcare and Data Center Real Estate in the Month of December 2017
Such acquisitions, added approximately 246,000 rentable square feet to CV Mission Critical REIT II’s portfolio Carter Validus Mission Critical REIT II, Inc. (“CV Mission Critical REIT II”), a non-traded real estate investment trust focused on assembling a portfolio of high-quality data center and healthcare real estate, acquired properties during December 2017 for an aggregate contract […]
News Release: Just Closed: Pin Oak Portfolio, Houston, Texas
The JLL Healthcare Capital Markets Group is pleased to announce the sale of the Pin Oak Portfolio, a 504,609 square foot medical office park in Houston, Texas. The five properties are highly visible along the 610 West Loop and strategically located three miles west of the Texas Medical Center and two minutes from the Southwest […]
News Release: Norvin Healthcare Properties acquires Pin Oak medical and office complex in Bellaire, Texas
Acquisition of five-building, 505,000 square foot office park reaffirms the company’s long-standing commitment to healthcare in the Greater Houston area Norvin Healthcare Properties closed Jan. 19, 2018, on the acquisition of the Pin Oak complex in Bellaire, Texas, reaffirming the company’s 20-year commitment to serving the healthcare community in Greater Houston. With the acquisition of […]
News Release: Just Closed: Community Health / Kindred Rehabilitation Hospital Construction Financing
The JLL Healthcare Capital Markets Group is pleased to announce the closing of the construction/mini-perm financing of a 44-bed, full-service rehabilitation hospital for PMB in Greenwood, Indiana. Synovus Bank provided the financing for the facility. The 53,560 rentable square foot inpatient rehabilitation hospital, Community Health Network Rehabilitation Hospital South, is a joint venture between Kindred […]
News Release: Plaza Companies Breaks Ground on Estrella Medical Plaza II With Nearly Half of Class A Facility Pre-Leased
64,000-square-foot, modern medical space expected to open in December The West Valley medical office market is about to get a new star. Plaza Companies has secured two new leases totaling over 23,000 square feet for Estrella Medical Plaza II, and recently broke ground on the building on the growing Banner Estrella Medical Campus, located at […]
News Release: Capital One Closes More Than $1 Billion Unitranche Commitments in 2017
ULTra Program Now Open to Borrowers for Leveraged Financings across Industries Just one year after its initial launch, Capital One announced today that its unitranche loan program, ULTra, closed more than $1 billion in commitments to borrowers in the healthcare industry in 2017. The program, with HPS Investment Partners as its strategic co-investor, helps borrowers […]
News Release: Just Closed :: CityPlace 5 Medical Office Building
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the CityPlace 5 Medical Office Building in Creve Coeur, Missouri. Sale Date: January 22, 2018 Sale Price: $21,825,000 Price Per SF: $265 Property Size: 82,280 SF Occupancy: 90.1% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the […]
News Release: Inland Real Estate Acquisitions Closes Purchase of a Salt Lake City MOB
Inland Real Estate Acquisitions, LLC Closes the Purchase of a Medical Office Building in Salt Lake City Oak Brook, Ill. (January 29, 2018) – Inland Real Estate Acquisitions, LLC announced today that it negotiated and closed the purchase of a 29,702-square-foot medical office building located in Salt Lake City. Matthew Tice, senior vice president of […]
Transactions: Anchor Health Properties, Chestnut Real Estate acquire MOB outside of Charlotte, N.C.
Wilmington, Del.-based Anchor Health Properties has acquired a 26,000 square foot MOB in Denver that provides the company with a new relationship with Charlotte-based Novant Health, a 14
Transactions: Harrison Street ends ‘17 with a bang
Private equity firm lands Northern Virginia ‘trophy’ asset in for $62.5 million By John B. Mugford Chicago-based Harrison Street Real Estate Capital LLC, a private equity investor with more than $12.2 billion of assets under management, is no stranger to making big medical office building […]
Transactions: Physicians Realty Trust makes $190 million of Q3 investments; revenue up 32.8 percent
Milwaukee-based Physicians Realty Trust (NYSE: DOC), a publicly traded REIT focused on MOBs, made $190 million worth of investments during the third quarter (Q3) 2017, the company noted in a Nov. 3 news release detailing its Q3 performance. The
Transactions: Kayne Anderson, MB Real Estate pay $34.8 million for two-MOB portfolio in Greater San Diego
Data from RCA indicates that Los Angeles-based Kayne Anderson Capital Advisors, in a partnership with Chicago-based MBRE Healthcare, in late November acquired a two-property, 101,268