News Release: CBRE Advises on $1.7 Billion Portfolio Recapitalization and Debt Financing of Eight Inpatient Hospitals in Massachusetts
Press Release FOR IMMEDIATE RELEASE NEW YORK – March 16, 2022 – CBRE advised on the successful equity recapitalization and debt financing of a $1.7 billion portfolio consisting of eight inpatient general acute care hospitals located in Massachusetts. CBRE advised Medical Properties Trust, Inc. (“MPT”) (NYSE: MPW) to first source a new equity partner to […]
News Release: OrbVest Announces The Acquisition Of The Cincinnati Medical Office
OrbVest expands its medical office property portfolio with the acquisition of the Cincinnati Medical Office, a 67,356 SF facility with two well-maintained Class A Medical Office properties in Cincinnati, Ohio CINCINNATI, MARCH 16, 2022. OrbVest (ORB), a global real estate company investing in income-producing medical commercial real estate in the United States, recently closed on its […]
News Release: CORRECTING and REPLACING Medical Properties Trust Completes Hospital Partnership With Macquarie Asset Management
CORRECTION…by Medical Properties Trust, Inc. March 16, 2022 10:18 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Immediately prior to the forward-looking statement language, the sentence should read: CBRE and Goldman Sachs & Co. LLC acted as financial advisers, and Goodwin Procter and Baker Donelson PC acted as legal advisers for MPT. (instead of CBRE acted as […]
News Release: JLL Income Property Trust Acquires South Reno Medical Center
NEWS PROVIDED BY JLL Income Property Trust Mar 16, 2022, 10:00 ET CHICAGO, March 16, 2022 /PRNewswire/ — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $5.9 billion in portfolio assets today announced the acquisition of South Reno Medical Center, a more than 32,000-square foot, […]
News Release: GreenLake Funds $16,500,000 Refinance Loan for Medical Office Condos in the Chicago Metropolitan Area
NEWS PROVIDED BY GreenLake Asset Management LLC Mar 16, 2022, 08:54 ET CHICAGO, March 16, 2022 /PRNewswire/ — Los Angeles based GreenLake Asset Management LLC (“GreenLake”) has funded a $16,500,000 loan to refinance medical office condominiums in Blue Island, IL. The borrower acquired a vacant hospital, MetroSouth Medical Center, in 2019 and converted it into […]
News Release: CBRE Completes Portfolio Sale of Eight Medical Office Buildings in California
Press Release FOR IMMEDIATE RELEASE LOS ANGELES – March 11, 2022 – CBRE announced the successful arrangement of the sale of a 380,000 square-foot medical office portfolio consisting of eight properties located in the San Francisco Bay Area and the San Fernando Valley region in Greater Los Angeles. Tenants include leading regional health systems such […]
News Release: SOLD | 3801 Chestnut Street | 310,000 SF Lab Development
NEWMARK HEALTHCARE CAPITAL MARKETS CLOSING ANNOUNCEMENT 310,000 SF Lab Development 3801 Chestnut Street University City | Philadelphia, PA MARCH 2022 Newmark is pleased to announce the sale of 3801 Chestnut Street, a to-be-built 310,000 SF life science development site in the University City neighborhood of Philadelphia, a leading center of science, innovation, research and education. uCity […]
News Release: LPC West and TriGate Capital Acquire Multi-Building, Class-A Office Campus in the Heart of Orange County
The Square on Main in the City of Orange includes 420,000 square feet across five buildings with a 96.5 percent lease rate March 09, 2022 01:31 PM Central Standard Time ORANGE, Calif.–(BUSINESS WIRE)–LPC West, the West Coast arm of national real estate firm Lincoln Property Company, has partnered with TriGate Capital, LLC, a leading real […]
News Release: Matthews™ Completes $7.73M Sale of DaVita Dialysis Facility
09 March Agents Win Listing & Create Competitive Bidding Environment Los Angeles, CA – Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, closed the sale of a DaVita Kidney Care Dialysis facility, located at 2703 S Towne Ave, Pomona, CA. DaVita Kidney Care is a leading provider of dialysis […]
News Release: Recently Sold – Medical Office Building – Northwood Medical – Indiana
Gorjian Acquisitions Recently Sold Medical Office Building Nappanee, Indiana Now Seeking 1031 Replacement Properties Asset Type • Retail, Office, Medical Office, Multifamily, Mobile Home Parks, Industrial, Hospitality, Mixed-Use, Land Details • Achieve A Higher Than Market Cap Rate Upon Execution Of Value-Add Strategy • Vacant Or Low Occupancy Are Feasible • Distressed Or Underperforming Co-GP & LP Equity Asset Type […]
Feature Story: Good news abounds in HRE sector
Revista reports record MOB sales; construction, absorption are also on the rise By John B. Mugford At a time when U.S. and international headlines have been full of bad news, there seems to be nothing but good news to report about the healthcare real estate (HRE) space. To start with, medical office building (MOB) sales […]
News Release: News from Kaufman Hall Real Estate (AW Property Co. recap)
KaufmanHall We are pleased to announce the closing of the following transaction. AW Property Co. $193,000,000 Recapitalization of a 19-Building, 525,759 Square Foot Medical Office Building Portfolio Located in the State of Florida THE UNDERSIGNED SERVED AS EXCLUSIVE FINANCIAL ADVISOR Transaction Overview Kaufman Hall and Associates, LLC (“Kaufman Hall”) was selected as the exclusive financial advisor to AW […]
News Release: Newmark Completes Sale of Life Sciences Development Site in Philadelphia’s University City
FOR IMMEDIATE RELEASE Joint venture between Botanic Properties, Harrison Street and Sterling Bay to develop 310,000-square-foot life sciences facility at 3801 Chestnut Street in the University City submarket of Philadelphia Philadelphia, PA (March 4, 2022) — Newmark announces the sale of 3801 Chestnut Street, a 310,000-square-foot life sciences development site in the University City neighborhood […]
News Release: Montecito Medical Acquires Orthopedics Building in Northern California
Redding property is home to regionally dominant orthopedic group FOR IMMEDIATE RELEASE March 4, 2022 Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical office building in Redding, California, that is home to the Shasta Orthopaedics. The property, which offers approximately 41,200 rentable square feet […]
News Release: Physician Real Estate Capital Advisors Announces $6.2 Million Sale of Medical Office Building In Kenosha, Wisconsin
Investor Acquires Two Tenant Medical Office Building (March 3, 2022) KENOSHA/CHICAGO — Physician Real Estate Capital Advisors (“PRECAP”) announces the $6.2 million closing of the Advocate Aurora Health Medical Building located at 1020 35th Street in Kenosha, Wisconsin. PRECAP Managing Principal Scott Niedergang and Nathan Glaisner of Verde Investments, LLC represented both the seller, a […]