Companies & People: Scott North joins McGough Construction as executive VP of national healthcare group
ST. PAUL, Minn. – McGough Construction recently announced that Scott North has joined the company as EVP of its national healthcare group.
Companies & People: Stream Realty joins HRE arena
Large Dallas-based CRE firm hires Rob Choksi to head new healthcare division By John B. Mugford One of the big hitters in Texas real estate – and now in a number of other major markets – is launching a new healthcare division in Houston, where healthcare real estate (HRE) is experiencing quite a boom.
Companies & People: Alan L. Pontius promoted to director of specialty divisions at Marcus & Millichap
CALABASAS, Calif. – Calabasas-based Marcus & Millichap (NYSE: MMI) recently named Alan L. Pontius, a senior VP, as national director of the firm’s specialty divisions, which include MOBs and senior housing, among other sectors.
Companies & People: HRE Cap represents MedProperties Group in recapitalization of six-MOB portfolio
GREATER CHICAGO – New York-based Healthcare Real Estate Capital (HRE Cap) recently represented Northbrook, Ill.-based MedProperties Group (MPG) in a recapitalization with an undisclosed investor of a six-building, 219,000 square foot MOB portfolio.
Companies & People: JLL Healthcare Capital Markets facilitates permanent financing for Wisconsin portfolio
MILWAUKEE – The JLL Healthcare Capital Markets Group closed May 9 on the permanent financing for a portfolio of MOBs in the Milwaukee area.
Companies & People: Fairfield Asset Advisors brokers $5.2 million sale of Houston MOB occupied by two tenants
HOUSTON — Denver-based Fairfield Advisors recently arranged the $5.2 million sale of the University of Texas (UT) Physicians Medical Office Building (MOB) in Houston.
Companies & People: NexCore completes Denver area MOB
Firm completes its second building on new St. Anthony North Health Campus By John B. Mugford Denver-based NexCore Group recently completed the 41,400 square foot Medical Pavilion on the new St. Anthony North Health Campus in Westminster, Colo., a suburb north of Denver.
Archives: April 2016
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Cover Story: DocREIT was in buying mode in Q1, increasing its guidance for 2016
MILWAUKEE – Even though officials with Physicians Realty Trust say they are being careful about not making too many MOB acquisitions, they continue to see buying opportunities that, at least some of which, they believe are in the best interests of the company to complete.
Cover Story: Biggest deal ever
Physicians Realty Trust pays $692 million for 52 MOBs, 3.16 million square feet By John B. Mugford This is the type of deal healthcare real estate (HRE) professionals have been hoping for and perhaps anticipating for some time: a major health system selling a large number of its ancillary facilities in order to deploy a […]
Transactions: Hammes Partners II makes a pair of separate buys for a total of $48.9M
BROOKFIELD, Wis. – Brookfield, Wis.-based Hammes Co.’s second healthcare real estate fund, Hammes Partners II, recently made a couple of separate acquisitions of more than $20 million apiece.
Hot Property: MOB houses this market’s leader
Facility is fully occupied by Maryland county’s only hospital, Frederick Memorial Name: FMH Crestwood Address: 7211 Bank Court City: Frederick, Md. Total leasable square feet: 62,297 Number of floors: 2 Number of tenants: 1 Occupancy: 100% Year built: 2010 Lease terms: 10, 14 years Lot size: 5.16 acres Parking ratio: 5/1,000 square feet Seller: Original […]
Transactions: Montecito Medical acquires MOB in Kingston, Tenn., in a $55.9 million sale-leaseback
KINGSPORT, Tenn. – Brentwood, Tenn.-based Montecito Medical recently acquired a large, fully occupied MOB in Kingsport, in the far northeastern part of the state, in a sale-leaseback transaction.
Transactions: More Healthcare Real Estate Transaction News
HSA PrimeCare, the healthcare real estate division of Chicago-based HSA Commercial Real Estate, recently acquired Elizabeth Park South Medical Center, a 42,040 square foot MOB at 70th Street and Pioneers Boulevard in Lincoln, Neb. HSA did not disclose the price, but county records indicate that it was about $8.8 million. The facility is occupied by […]
