Transactions: MPT to acquire 11 hospitals for $1.4B
Hospital-focused REIT will buy 11 IASIS facilities from Steward Health Care By John B. Mugford Birmingham, Ala.-based Medical Properties Trust Inc. (NYSE: MPW) in May announced that it had signed definitive agreements to acquire the real estate interests of 10 acute care hospitals and one behavioral health facility operated by Franklin, Tenn.-based IASIS Healthcare. The […]
Transactions: MBRE Healthcare acquires Seattle-area MOB for $17.45 million in a sale-leaseback transaction
PUYALLUP, Wash. – Newmark Grubb Knight Frank (NGKF) Global Healthcare Services announced May 15 that it recently closed on the $17.45 million sale of the 31,921 square foot Rainier Orthopedic Institute in Puyallup.
Transactions: Pat Davis Properties acquires four-building Forest Green office/med complex in Dallas
DALLAS – Marcus & Millichap announced May 2 that it handled the recent sale of the four-building, 173,790 square foot Forest Green office/medical complex in Dallas.
Transactions: In a single day, Caddis buys two MOBs, advises in a sale and refinances a portfolio
DALLAS – Healthcare real estate professionals often say that closing just one transaction involves a grueling mix of stress and tedium that can drag on for days.
Transactions: Griffin American Healthcare REIT IV acquires a pair of identical Athens, Ga., MOBs for $16.8M
ATHENS, Ga. – American Healthcare Investors and Griffin Capital Company LLC, the co-sponsors of Griffin-American Healthcare REIT IV Inc., announced May 24 that the REIT has acquired two identical MOBs totaling 61,203 square feet in Athens.
Transactions: Hammes Partners II acquires medical group portfolio in Massachusetts for $28.5 million
CHICOPEE, Mass. – Brookfield, Wis.-based Hammes Partners II LP, an investment fund affiliated with Hammes Company, in May closed on the acquisition of a three-MOB portfolio anchored by Chicopee-based Riverbend Medical Group, which is part of Springfield, Mass.-based Sisters of Providence Health.
Transactions: JLL brokers $137.6 million sales of six inpatient rehabilitation hospitals in three states
BOSTON – JLL’s Boston-based Capital Markets group recently handled the sales of six inpatient rehabilitation hospitals in Arizona, Pennsylvania and Texas for a total of $137.6 million for the seller, Healthcare Realty Trust (NYSE: HR).
News Release: HFF arranges $28.5 million sale and JV for Torrey Hills Medical Plaza in San Diego
HFF arranges $28.5 million sale and joint venture partnership for the acquisition of Torrey Hills Medical Plaza in San Diego SAN DIEGO, CA – June 21, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged the $28.5 million sale of Torrey Hills Medical Plaza, a 44,091-square-foot, Class A medical office building […]
News Release: Griffin-American Healthcare REIT IV Acquires Medical Office Building Near Atlanta
NEWS PROVIDED BY American Healthcare Investors 15 Jun, 2017, 14:00 ET ATLANTA, June 15, 2017 /PRNewswire/ — 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 Lawrenceville Medical Office Building in the Atlanta suburb of Lawrenceville, Georgia. Built in 2005, the approximately […]
News Release: Healthcare Trust of America Announces 2Q Investment Activity
13 Jun, 2017, 14:53 ET SCOTTSDALE, Ariz., June 13, 2017 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA), announced today that it has successfully executed on the majority of its previously announced 2Q investments; closing on approximately $2.3 billion of properties, raising $2.7 billion of capital, and adding a best-in class development platform. This execution […]
News Release: MedProperties Holdings and Cypress West acquire Riverwalk Medical Plaza in California
The 54,923 square foot facility is in the premium, sought-after Bakersfield market and includes a value-add, vacant 5,500 square foot space that will provide incremental, long-term revenue BAKERSFIELD, Calif., and DALLAS, June 7, 2017 – The newest joint venture acquisition from MedProperties Holdings LLC has it all: immediate cash flow; a value-add space with additional […]
News Release: Cornerstone Companies Inc. MOB Fund II Spends $22.6 Million To Acquire Three Medical Office Buildings
FOR IMMEDIATE RELEASE INDIANAPOLIS, IN (May 30, 2017) – Cornerstone Companies, Inc. recently announced the acquisition of three health care real estate properties totaling 82,000 square feet in Indiana, Kentucky, and Colorado with an aggregate purchase price of $22.6 million. The properties were acquired by Cornerstone MOB Fund II, a private equity fund focused solely […]
News Release: Houston: IPA Brokers $58M Medical Office Portfolio Sale
FOR IMMEDIATE RELEASE Institutional Property Advisors Brokers $58 Million Sale Of Medical Office Portfolio Near Houston HOUSTON, June 6, 2017 – Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, announced the $58 million sale of a portfolio of fully leased medical office properties outside […]
News Release: Cypress West Adds Bakersfield MOB to Healthcare Portfolio
Cypress West Partners Acquires Riverwalk Medical Plaza Rancho Santa Margarita, CA (May 31, 2017) – Cypress West Partners announced that it has acquired Riverwalk Medical Plaza, a 54,923-square-foot campus-adjacent medical office building located at 9450-9500 Stockdale Hwy. in Bakersfield. The Southern California-based healthcare investment, leasing and property management firm acquired the property in a joint […]
Transactions: Government REIT enters VA arena
Easterly REIT to spend $260M on federal outpatient centers in California, Indiana By John B. Mugford With a long-term lease backed by a government agency, a built-in patient base of military veterans and brand new construction, the Dept. of Veterans Affairs (VA) ambulatory care center in Loma Linda, Calif., was sure to attract investors – […]