News Release: Newmark Announces $74.4 Million Sale of Medical Office Building in Beverly Hills, CA
FOR IMMEDIATE RELEASE Los Angeles, CA (March 25, 2021) — Newmark announces the $74.4 million sale of a five-story medical office building located at 9033 Wilshire in Beverly Hills, California. Totaling 49,721 square feet of Class A space, the property is anchored by USC’s Keck Medical Center. Newmark’s Co-Head of U.S. Capital Markets Kevin Shannon, […]
News Release: LifeStance Health Moves Headquarters to Scottsdale, AZ
For Immediate Release One of the nation’s largest providers of outpatient behavioral health care relocating office headquarters from Bellevue, WA SCOTTSDALE, Ariz., March 25, 2021 – Cushman & Wakefield announced today the firm has represented LifeStance Health in the company’s corporate headquarters relocation to Scottsdale, Arizona from Bellevue, Washington. The behavioral health care company signed […]
News Release: Realty Trust Group selected to provide property management services for West Tennessee Healthcare
KNOXVILLE, TN. — Continuing an existing relationship with West Tennessee Healthcare, Realty Trust Group (RTG) has expanded its scope of services to the not-for-profit healthcare system to include property management and property accounting for its 1.2 million-square-foot real estate portfolio of nearly 100 non-hospital facilities, including medical office buildings, clinics, and administrative buildings. “We are […]
News Release: Prism Health North Texas Establishes Major Presence on Baylor Medical Center Campus, Continuing to Care for Community
Prism Health North Texas Establishes Major Presence on Baylor Medical Center Campus with 46,000 SF in Leases Together at Last: Prism Health North Texas Administrative Offices to Relocate to Baylor University Medical Center Campus, Near the Organization’s Research Facilities, Pharmacies, & Clinics DALLAS, March 22, 2021 – Prism Health North Texas (PHNTX) has signed a 22,623-square-foot lease […]
News Release: Placement of Acquisition Financing – Sugar Creek Health Center
JUST FINANCED March 23, 2021 SUGAR CREEK HEALTH CENTER Placement of Acquisition Financing for Virtus Real Estate Capital CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the placement of acquisition financing for Virtus Real Estate Capital, to help facilitate the purchase of Sugar Creek Health Center. Sabrina Solomiany, Zack Holderman, and Cole […]
News Release: Montecito Medical Acquires Surgery Center Facility in Pittsburgh Area
FOR IMMEDIATE RELEASE March 23, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of The Surgery Center at Cranberry, a multi-specialty ambulatory surgery center (ASC) leased to a leading medical provider in the Pittsburgh suburb of Cranberry Township, Pennsylvania. The Surgery Center at […]
News Release: White Oak Healthcare MOB REIT Acquires 7 Medical Office Buildings in 5 States
March 23, 2021 09:00 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–White Oak Healthcare MOB REIT today announces the acquisition of seven medical office buildings in five states. The seven assets total 67,110 SF and are 100% leased to Fresenius and DaVita affiliates. “We are pleased to add Fresenius and DaVita, both investment grade companies on […]
News Release: Capital One Medical Office Team Sees Positive Business Momentum Through 2020
New York, NY (March 22, 2021) – Capital One announced its Medical Office team, part of the Capital One Healthcare Real Estate business, closed 43 deals totaling about $2.5 billion throughout 2020. The team funded transactions ranging from $15 million single-asset loans to $1 billion value portfolios across medical office buildings, medical properties, life science […]
News Release: CIT Serves as Sole Lead Arranger on $39 Million Financing for Philadelphia Medical Office Building
NEW YORK — March 22, 2021 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on a $39 million loan to finance the Jefferson Health medical office building adjoining the Philadelphia Navy Yard Corporate Center. The borrower, Norvin Healthcare Properties, is an experienced and successful manager […]
News Release: Anchor Health Properties Celebrates Completion of the 52,240 Square Foot UC Davis Health Roseville Outpatient Clinic Transformation Project
FOR IMMEDIATE RELEASE March 22, 2021 (Sacramento, CA) – Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, and UC Davis Health, a leading academic-based health system in the Sacramento and Northern California region, have officially celebrated the completion of a large-scale transformation project […]
News Release: Meridian Sells New-Construction 11,424 SF Dialysis Clinic in Watsonville (Calif.) for $6.7 Million
FOR IMMEDIATE RELEASE: WATSONVILLE, Calif. – Meridian, a full-service real estate developer, operator, and owner of medical real estate, is pleased to announce that the company has closed escrow on the sale of its new construction, 11,424-square-foot outpatient dialysis clinic in Watsonville, California. The purchase price was $6.7 million, representing a cap rate of 5.15%. […]
News Release: Montecito Medical Acquires Cardiac Center Facility in Arizona
FOR IMMEDIATE RELEASE March 19, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a cardiac ambulatory surgery center (ASC) leased to a leading health system in suburban Phoenix. The Banner Health – Cardiac Center for Excellence Ambulatory Surgery Center, situated in the […]
News Release: Flagship Healthcare Trust acquires dominant eye surgery center in Kentucky
Outpatient healthcare real estate firm expands presence in Kentucky CHARLOTTE, N.C. (March 18, 2021) – Flagship Healthcare Trust (Flagship REIT), an outpatient healthcare real estate investment trust, has acquired the Eye Surgery Center of Paducah (ESCP) in Paducah, Kentucky. Located at 100 Medical Center Drive, the 6,300-square-foot, Class A ophthalmic surgery center is accredited by […]
News Release: Thomas Park Investments Acquires Howard County Medical Building
Healthcare real estate firm expands Maryland presence March 18, 2021 10:17 AM Eastern Daylight Time ANNAPOLIS, Md.–(BUSINESS WIRE)–Thomas Park Investments, a healthcare real estate investment firm, has added River Hill Station to its growing mid-Atlantic region portfolio. “This acquisition embodies our strategy of adding high-quality, strong-performing facilities to our portfolio” Located at 5005 Signal Bell […]
News Release: Flagship Healthcare Trust acquires medical office building in Central Florida
Outpatient healthcare real estate firm expands Florida presence CHARLOTTE, N.C. (March 17, 2021) – Flagship Healthcare Trust (Flagship REIT), an outpatient healthcare real estate investment trust, has acquired a Class A medical office building in the rapidly growing metro area of Lakeland-Winter Haven in Florida. This marks the third acquisition for Flagship in Florida in […]