News Release: H2C Advises ProHealth on Acquisition of Leased Real Estate
H2C Advises Health System on Acquisition of Leased Real Estate H2C Securities Inc. (“H2C”), a healthcare-focused investment banking firm, served as the exclusive real estate and financial advisor to ProHealth Care, a Wisconsin-based not-for-profit health system (the “System” or “ProHealth”), in connection with its acquisition of two medical office buildings and a rehabilitation hospital (the […]
News Release: Vitalis & Advenir add Rockford, IL Plastic Surgery Center to Medical Office Portfolio.
FOR IMMEDIATE RELEASE The off-market transaction closed on February 3, 2022. Rockford, IL (February 3, 2022) Vitalis and Advenir JV, acquire Rockford Plastic Surgery Center located at 5995 Spring Creek Rd in Rockford, IL for $5,275,000. The 14,400 square foot medical office building is fully occupied by Pryor Health on a fifteen-year NNN lease. Founded […]
News Release: BMO Harris Healthcare Real Estate Finance provides a $12.4 Million Credit Facility for Rendina Healthcare Real Estate & BentallGreenOak
Chicago, February 2022 – BMO Harris Bank’s Healthcare Real Estate Finance group announces that it has closed on a $12.4 million construction loan to Rendina Healthcare Real Estate and BentallGreenOak to finance a 35,124 GSF free standing emergency department and medical office building in Arlington, TN. The building is 100% pre-leased and features a strong […]
News Release: IRA Capital Acquires Naples Surgical Hospital in Southwest Florida
February 3, 2022, Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of Naples Surgical Center, an 86,300 square foot state-of-the art surgical hospital and multi-specialty care center in Naples, Florida. The Class-A medical facility was constructed in 2015 and is 100% occupied by two of Southwest Florida’s leading health […]
News Release: Bridge Announces Multiple Leases, Executes Partial Flip at Willow Oaks Corporate Center
FEBRUARY 3, 2022 Totaling 61,000 square feet of both medical and office space, the leases come on the heels of recent acquisition and partial flip that pushes firm’s Metro D.C. portfolio to nearly two million square feet SALT LAKE CITY — Bridge Commercial Real Estate, a commercial brokerage subsidiary of Bridge Investment Group, announced today […]
News Release: Wentworth Healthcare Buys $56 Million Medical Office Portfolio
For Immediate Release Portfolio Includes Three Properties in Arizona and One in Colorado Phoenix, AZ (Feb. 2, 2022) –Wentworth Healthcare Properties (“Wentworth”), the healthcare division of Wentworth Property Company, announced a $56 million acquisition of a four-property medical office building (MOB) portfolio that includes three properties in Arizona and one in Colorado. Wentworth purchased the […]
News Release: JLL Capital Markets facilitates record-setting sale of medical office complex in Newport Beach, California
The two-building on campus property is fully leased to a diverse mix of renowned health system and physician tenants and represents one of the highest profile medical office buildings in the country NEWPORT BEACH, Calif. – Feb. 3, 2022 – JLL Capital Markets announced today that it has facilitated the sale of Newport Lido Medical […]
Feature Story: 2021 to break MOB sales record
Volume will top $16 billion when Revista discovers, adds up the year’s final transactions By John B. Mugford Total medical office building (MOB) sales volume last year is likely to surpass $16 billion, breaking the previous record of $15.6 billion, set in 2015. That’s according to Arnold, Md.-based Revista, a healthcare real estate (HRE) data […]
News Release: Crown MedRealty Partners Teams Up With Prevail Real Estate Opportunities to cap off an impressive year with the acquisition of Edgewood Surgical Hospital in Transfer, Pa.
FOR IMMEDIATE RELEASE: Transfer, Pennsylvania — January 31, 2022—Crown MedRealty Partners (“CROWN”), a healthcare real estate firm headquartered in Kansas City, MO, partnered with Leawood, KS based Prevail Real Estate Opportunities to close out an impressive first year with the acquisition of Edgewood Surgical Hospital in Transfer, PA. As a physician-owned and operated hospital system, […]
News Release: New Medical Offices Open at Northwest Health – La Porte (Ind.)
1/31/2022 Today Northwest Health – La Porte (Ind.) opened its new medical office building attached to the hospital at 1331 State Street in La Porte. The approximately 40,000 square foot facility marks the completion of the new construction and transition of services from the original hospital on Lincolnway. The new building includes a combination of […]
News Release: Diversified Healthcare Trust Announces $703 Million Joint Venture for 10 Properties in Its Office Portfolio Segment
DHC to Receive Cash Proceeds of Approximately $653 Million and Retain a 20% Equity Interest in the Joint Venture Selling 80% Joint Venture Equity Interest at a 4.98% Capitalization Rate and Expected Gain on Sale of Approximately $320 Million January 31, 2022 07:00 AM Eastern Standard Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today […]
News Release: Sold – Outpatient Surgery Center | Prescott, AZ
SOLD Outpatient Surgery Center Prescott, Arizona Sale Announcement HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a multi-specialty outpatient surgery center located in Prescott, AZ. Built in 2006, Tri-City Surgery Center is a state-of-the-art outpatient surgery center consisting of approximately 12,718 SF. The ASC is very well located, […]
News Release: BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of an Acquisition Loan for a Large Transaction between KKR Real Estate Select Trust Inc. and Montecito Medical Acquisition Company.
Chicago, January 27, 2022 – BMO Harris Bank’s Healthcare Real Estate Finance group announces that it acted as administrative agent and sole lead arranger on an acquisition loan for a joint venture led by KKR Real Estate Select Trust Inc. (“KREST”) and managed by Montecito Medical Acquisition Company. The BMO loan provided financing for the […]
News Release: IRA Capital pays $106 million for California senior housing assets
January 26, 2022 Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two newly-constructed Assisted Living and Memory Care facilities totaling 160 units in the Northern California cities of Dublin (Alameda County) and Novato (Marin County). As one of the most active players in the medical office, life science, […]
News Release: Gene Editing Firm, Graphite Bio, Takes +85,000 SQFT Lease at Nexus on Grand in South San Francisco
Next-generation gene editing company to occupy three full floors of ground-up, Class A life sciences development in one of the top biotech markets in the U.S. SAN FRANCISCO – (January 26, 2022) – Savills announced that it completed an 85,165-square-foot lease relocation and expansion on behalf of Graphite Bio, Inc. (NASDAQ: GRPH) at 233 East […]