News Release: CIT Serves as Sole Lead Arranger on $43 Million Financing for Portfolio of Medical Office Buildings
NEW YORK — Sept. 1, 2021 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on a loan of about $43 million to finance the acquisition of a portfolio of medical office buildings in Florida and Arizona. The portfolio, acquired by Cypress West Partners, consists of […]
News Release: Atkins Companies Sells 33,000-Square-Foot Medical Office Building in Bel Air, Md. to Healthcare Realty Trust
For Immediate Release Bel Air, Md. (August 31, 2021) – Atkins Companies, a leading multigenerational commercial real estate development, investment, and property management firm, announces the sale of Plumtree Medical Center, a 33,000-square-foot medical office building located at 104 Plumtree Road in Bel Air, Md., to Healthcare Realty Trust. Newmark Executive Managing Director Ben Appel […]
News Release: Boca Raton medical office building trades to a publicly traded real estate investment firm
JLL Capital Markets led sale efforts for 1905 Clint Moore Rd. MIAMI – August 26, 2021 – JLL Capital Markets announced today that it has closed the sale of 1905 Clint Moore Road., a 102,186-square-foot medical office building in Boca Raton, Florida. JLL brokered the sale of the property between the seller, 1905 Associates, LLC, […]
News Release: Deal Announcement (CRE) | BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of $176 Million Acquisition Loan for a Joint Venture between AEW Capital Management and Montecito Medical Acquisition Company
Chicago, August 20, 2021 – BMO Harris Bank’s Healthcare Real Estate Finance group announces that it has closed on a $176 million term loan for a Joint Venture lead by AEW Capital Management and managed by Montecito Medical Acquisition Company. The BMO loan provided financing for the acquisition of 31 medical office buildings totaling more […]
News Release: $9,600,000 Surgery Center Sale (Winston Salem, N.C.)
Fairfield Advisors announces sale of Wake Forest Baptist Health Surgery Center in Winston Salem, NC. – $9,600,000 Transaction – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Wake Forest Baptist Health Surgery Center. The 12,500 square foot building was completed in 2017 […]
News Release: Dean Lakes Medical Office Building in Suburban Minneapolis Acquired by MedCraft Investment Partners
FOR IMMEDIATE RELEASE MedCraft’s Exclusive Focus on Healthcare Real Estate Benefits Physician and Health System Tenants Minneapolis, Minn. – August 19, 2021 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, continues to build its healthcare facility portfolio with the acquisition of the Dean Lakes facility located at 4201 Dean […]
News Release: Davis investment fund continues acquisitions with purchase of 107,228 s.f. asset in Maine
News Release After launching with eight properties last year, Davis Medical Investors LLC fund has acquired 84 Marginal Way in Portland, home to state’s largest private medical practice PORTLAND, Maine, and MINNEAPOLIS, Aug. 19, 2021 – After launching a medical real estate investment fund last December with the acquisition of eight medical office buildings (MOBs), Minneapolis-based […]
News Release: Matthews™ Broadens Capital Advisory Services With Acquisition Of Cadence Capital Partners
18 Aug 2021 Los Angeles, CA – Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, today announced the acquisition of one of the industry’s most respected capital advisory firms – Cadence Capital Partners (Cadence), a company with a significant track record in the institutional and private client capital market […]
News Release: Cushman & Wakefield Advises Sale of $37 Million Southeast Valley Medical Office Conversion
For Immediate Release Cypress Office Properties/Harbert Management Corporation Acquires 180,000-square-foot, Two-Building Office Project from Buchanan Street Partners MESA, Ariz., August 18, 2021 – Cushman & Wakefield announced the firm has represented both buyer and seller in the sale of The Arc (fka. Stapley Corporate Center), a 180,110-square-foot Class A office project located in Mesa (Phoenix), […]
Transactions: MOB sales are lagging a bit in 2021
But industry sources say pending big deals will spur a second-half rally By John B. Mugford The first half of 2021 was rather quiet in terms of medical office building (MOB) sales, according to statistics from two of the research firms that compile healthcare real estate (HRE) facility data. That slow first half could, at […]
News Release: Transwestern Arranges Two Medical Office Building Sales In Florida & Georgia
Demand for Healthcare Real Estate Remains Strong (AUG. 17, 2021 – ATLANTA) – Transwestern Real Estate Services (TRS) announces its Atlanta Investment Sales and Healthcare Advisory Services teams have brokered the dispositions of the following two medical office buildings: ■ Mount FPL, LLC purchased Mount Dora Medical Center, a 51,357-square-foot medical office building at 6909 […]
News Release: IRA Capital Acquires Multi-Specialty Surgery Center In Milwaukee
August 13, 2021 – IRA Capital (“IRA”) is pleased to announce the acquisition of a multi-specialty ambulatory surgery center (“ASC”) comprising 11,200 square feet in Wauwatosa, Wisconsin (“the Property”). The Property is 100% occupied by Wauwatosa Surgery Center, a partner of Surgical Care Affiliates (“SCA”). The Property has functioned as Wauwatosa Surgery Center’s exclusive location […]
News Release: Sale of a 13-Building, 409,955 Square Foot Medical Office Portfolio Located in Eastern Tennessee and West Virginia
HRE Capital is pleased to announce the closing of the following transaction. HRE CAPITAL HTA Sale of a 13-Building, 409,955 Square Foot Medical Office Portfolio Located in Eastern Tennessee and West Virginia THE UNDERSIGNED SERVED AS EXCLUSIVE FINANCIAL ADVISOR CAPITAL Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) served as the exclusive financial advisor related to the disposition of a 13-building, 409,955-square foot […]
News Release: Just Sold – Medical Office, 120 Old Laramie Trail, Lafayette, CO, Boulder County
JUST SOLD AUGUST 2021 7,968 SF MEDICAL OFFICE INVESTMENT 120 OLD LARAMIE TRAIL | LAFAYETTE, CO TRANSACTION HIGHLIGHTS DATE SOLD: August 2, 2021 SUBMARKET: Northwest Denver SQUARE FEET: 7,968 YEAR BUILT: 2008 SALE PRICE: $3,000,000 SALE PRICE PER SQ. FT.: $376.51 For more information, please contact: MONICA WILEY Senior Associate +1 303 583 2013 monica.wiley@cbre.com JEFF WOOD […]
News Release: V.A. Centers Sold in $15.9M Portfolio Deal
12 August 2021 Matthews™ Closes $15.9M V.A. Center Portfolio After Competitive Bid for Listing Matthews™ Agents Leverage Company’s Platforms to Achieve 96 Percent of Listing Price Cleveland, OH – Matthews Real Estate Investment Services™, commercial real estate investment services and technology firm, sold a three-property Veteran Affairs Center portfolio. Two of the properties are in […]