News Release: Remedy Medical Properties acquires fully leased Andover Medical Center in the Boston MSA
FOR IMMEDIATE RELEASE The premier three-structure, 69,992-square-foot medical office complex is master-leased to Lawrence General Hospital with subtenants Mass General Brigham/Pentucket Medical, others ANDOVER, Mass., and CHICAGO, Aug. 11, 2021 – Remedy Medical Properties, the nation’s largest private owner of healthcare real estate, announced today the acquisition of the three-structure, 69,992-square-foot Andover Medical Center. The […]
News Release: Stage Equity Partners continues to grow its medical portfolio with the acquisition of an MOB outside Toledo, Ohio
The leading Chicago-based private real estate investment firm has acquired the 100 percent health system-leased, 15,100-square-foot McLaren St. Luke’s Medical Office Building in the growing suburb of Perrysburg PERRYSBURG, Ohio, and CHICAGO, Aug. 11, 2021 – Stage Equity Partners LLC has acquired the 15,100-square-foot, fully leased McLaren St. Luke’s Medical Office Building (MOB) in Perrysburg, […]
News Release: Newmark Arranges Recapitalization of Six-Building Medical Office Portfolio and Strategic Programmatic Joint Venture to Develop Healthcare Facilities
FOR IMMEDIATE RELEASE Newmark’s Healthcare Capital Markets Group advised Aspect Health and procured institutional equity partner Boston, MA (Aug. 10, 2021) — Newmark announces that it has arranged the recapitalization of a medical office portfolio comprising six assets developed and operated by Aspect Health–as well as its development pipeline–and arranged a strategic joint venture for […]
News Release: CREG announces the sale of the Premier Surgery Center in Brunswick, GA
The CREG – U.S. Healthcare Investment Sales practice is pleased to announce the sale of the Southern Orthopaedics & Sports Medicine Clinic and the Premier Surgery Center, located in Brunswick, GA. CREG acted as the Seller’s exclusive advisors in the sale of the 2-Building Portfolio. The 100% leased Portfolio consists of a 16,300 SF Clinic […]
Transactions: Biggest deal of 2021 so far
Nuveen-NexCore acquire MOB and life science portfolio for $620.4M; price for the 27 MOBs was $463M By John B. Mugford After a rather lackluster first half of 2021 for medical office building (MOB) sales, the year’s largest deal to date is grabbing plenty of headlines. And rightly so, as a partnership of Chicago-based Nuveen Real […]
News Release: Nuveen and Nexcore Announce $620.4 Million, 29-Asset Healthcare Portfolio Acquisition
The 1,165,173-square-foot portfolio across 13 states, purchased from IRA Capital, is the latest in a series of acquisitions made by the strategic partnership since the two firms began collaborating in 2020 The Dignity Health Medical Office Building in Surprise, Ariz., (top) and Mount Sinai – Long Island at 1155 Northern Blvd. in Manhasset, N.Y., (bottom) […]
News Release: IRA Capital Completes Sale of Medical Office and Life Science Portfolio to Nuveen for $620.4 Million
August 9, 2021 – IRA Capital (“IRA”), a Southern-California based private equity firm and one of the largest private buyers of healthcare real estate in the United States, has completed the sale of a medical office and life science portfolio to Nuveen Real Estate for $620.4 Million. The portfolio totals over 1,165,173 square feet consisting […]
News Release: Allianz expands its US debt portfolio with USD 234m financing of 27 medical office properties
NEWS PROVIDED BY Allianz Real Estate Aug 06, 2021, 09:08 ET NEW YORK, Aug. 6, 2021 /PRNewswire/ — Allianz Real Estate, acting on behalf of several Allianz group companies, has completed a USD 234m lending investment for a joint venture between the Nuveen U.S. Cities Office Fund and a third party institutional capital partner, collateralized by a crossed portfolio […]
News Release: BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of $17 million Credit Facility for a Joint Venture advised by Heitman and managed by Montecito Medical Acquisition Company
Chicago, July 2021 – BMO Harris Bank’s Healthcare Real Estate Finance group announces that it has closed on a $17 million term loan for a Joint Venture arranged by Heitman (Heitman LLC), a global real estate investment management firm, and managed by Montecito Medical Acquisition Company. The BMO loan provided financing for the acquisition of […]
News Release: Done Deal: Takin’ Care of Business in Milwaukee
Sale of 130,000-square-foot medical office building in Milwaukee, Wisconsin Blueprint MOB team leverages local knowledge and relationships to successfully execute sale for long-standing client Hired by the public REIT seller to market this Class A asset, Blueprint’s MOB team successfully sourced multiple local bidders to create a competitive process and maximize proceeds for their client. […]
News Release: Advancing the urban outpatient experience: PMB’s 1100 Van Ness building is 92% leased
FOR IMMEDIATE RELEASE The first new multi-tenant medical office building built in San Francisco since the 1980s offers a convenient central location, scenic views and more SAN FRANCISCO and SAN DIEGO, Aug. 4, 2021 – Thanks to the recent lease of the last remaining full floor to a major health system, 1100 Van Ness, San Francisco’s […]
News Release: NexCore and Beaumont Health Open Outpatient Campus in Growing Area Northeast of Detroit
FOR IMMEDIATE RELEASE The three-story, 109,630-square-foot campus in Lenox Township, brings to the region a convenient, one-stop healthcare destination for a comprehensive array of medical services and specialties LENOX TOWNSHIP and DETROIT, Mich., and DENVER, Aug. 4, 2021 – Denver-based NexCore Group, a national healthcare real estate (HRE) developer, and Southfield, Mich.-based Beaumont Health, the […]
News Release: IRA Capital Expands Medical Portfolio With Genesis Health ASC Acquisition
August 3, 2021 Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of the Genesis Center for Digestive Health, a 14,000 square foot medical office building and surgery center 100% leased to Genesis Health in Bettendorf, Iowa. The medical building was constructed in 2004 and functions as a highly specialized […]
News Release: Healthpeak Reports Second Quarter 2021 Results
NEWS PROVIDED BY Healthpeak Properties, Inc. Aug 03, 2021, 16:15 ET DENVER, Aug. 3, 2021 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) today announced results for the second quarter ended June 30, 2021. SECOND QUARTER 2021 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS – Net income of $0.51 per share, Nareit FFO of $0.28 per share, FFO as Adjusted of $0.40 per share, and blended Total Same-Store Portfolio […]
News Release: Jacobson Properties And Pyramid Brokerage Company Of Binghamton Announce The Sale Of The Albany Medical Office Portfolio
July 30, 2021 (Albany, New York) Lisa Menin of Jacobson Properties and Leo Jones of Pyramid Brokerage Company of Binghamton are pleased to announce the sale of the Albany Medical Office Portfolio, composed of 4 institutional grade medical office properties located in the Capital Region of New York State. The Portfolio contains 119,602 square feet […]