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 […]
News Release: Life sciences demand propels NYC redevelopment project forward
News release JLL Capital Markets secured $393M in financing to redevelop 125 West End Ave. in Manhattan’s West Side cluster March 17, 2021 NEW YORK – March 17, 2021 – JLL Capital Markets announced today that it has arranged a $393 million construction financing for the redevelopment of 125 West End Ave. into a world-class […]
News Release: Atkins Companies Negotiates Lease to Bring Philadelphia Area Retinal Care Practice to Washington Square Town Center
For Immediate Release Lease brings number of regional specialty healthcare networks who currently have a presence at Gloucester County mixed-use community to seven Washington Township, N.J. (March 16, 2021) – Atkins Companies, a multigenerational commercial real estate development, investment, and property management firm, and its joint venture partner Woodmont Properties, announce that Mid Atlantic Retina […]
News Release: Montecito Medical Acquires Real Estate of HALO Breast Care Center in Chico, CA
FOR IMMEDIATE RELEASE March 15, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has acquired the real estate of a comprehensive, state-of-the-art medical building in Chico, California, that houses the HALO Breast Care Center. The two-story, 14,000 square-foot facility was constructed in 2000 and is 100% leased […]
News Release: Supurva Healthcare Group, Inc. Acquires First Medical Office Building
Liverpool, New York (March 15, 2021) – Supurva Healthcare Group, Inc. (OTC Pink: SPRV) is proud to announce that the Company has acquired its first medical office building in Jupiter, Florida. John D. Murphy, the Company’s CEO commented, “with the Company’s acquisition of a free-standing medical office building, the Company is well positioned to becoming […]
News Release: Just Sold – Sugar Creek Health Center
MARCH 12, 2021 CBRE HEALTHCARE & LIFE SCIENCES CAPITAL MARKETS JUST SOLD SUGAR CREEK HEALTH CENTER Sugar Land, TX TRANSACTION HIGHLIGHTS DATE SOLD: 03/11/2021 SIZE: 90,014 SF OCCUPANCY: 93% Sugar Creek Health Center CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of the Sugar Creek Health Center (the “Property”). Chris […]
News Release: Blackstone Real Estate Completes Acquisition of Premier Lab Office Portfolio from Brookfield Fund
March 12, 2021 03:00 PM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–Blackstone (NYSE: BX) today announced that Blackstone Property Partners Life Sciences (“BPP Life Sciences”) has completed its previously announced acquisition of a best‐in‐class, 2.3 million square foot portfolio of lab office buildings from a Brookfield Asset Management real estate fund for $3.4 billion. BPP Life […]
News Release: Blackstone Real Estate Completes Acquisition of Premier Lab Office Portfolio from Brookfield Fund
12 March 2021 New York, March 12, 2021 – Blackstone (NYSE: BX) today announced that Blackstone Property Partners Life Sciences (“BPP Life Sciences”) has completed its previously announced acquisition of a best‐in‐class, 2.3 million square foot portfolio of lab office buildings from a Brookfield Asset Management real estate fund for $3.4 billion. BPP Life Sciences […]