News Release: Montecito Medical Acquires Medical Office Building in New Hampshire
Montecito Medical Acquires Premier Medical Office Building and Surgery Center in New Hampshire Montecito Medical Real Estate, has finalized the acquisition of a prime medical office building and surgery center in Bedford, New Hampshire, that is occupied by the area’s largest neuro-spine care provider. The two-story, 30,500 square-foot building is 100-percent occupied by New Hampshire NeuroSpine […]
News Release: CIT arranges $24.75M for Mass. MOB
CIT Serves as Sole Arranger on $24.75 Million Financing for Acquisition of Medical Office Buildings CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as the sole lead arranger on $24.75 million in financing for the purchase of a medical office building complex in Springfield, Massachusetts. The borrower, a joint venture […]
News Release: Just Closed: Thunderbird Wellness Centre | Peoria, Arizona
The JLL Healthcare Capital Markets Group is pleased to announce the sale of the 56,190 square foot Thunderbird Wellness Centre in Peoria, Arizona. The 100 percent occupied four-building Class A medical office and specialty retail asset is anchored by a USPI-affiliated ambulatory surgery center and features a high-quality and diversified tenant roster. Located in one […]
News Release: Cook Children’s Expands with New Pediatric Hospital in Prosper
For Immediate Release Primary and urgent care expected to open in Fall 2019 Prosper, TX (April 25, 2019) – Cook Children’s Health Care System, which has a long history of caring for children in North Texas and beyond, is announcing plans to build a new children’s hospital in east Denton County in the Town of Prosper. Cook […]
News Release: Mayor Solomon, Council President Merolla, & Ortho RI Break Ground on new medical office and surgery center facility
April 25, 2019 For Immediate Release Mayor Solomon, Council President Merolla, & Ortho RI Break Ground on new medical office and surgery center Facility part of Carpionato’s bio-medical destination campus at Crossings Office Park WARWICK, RHODE ISLAND –Mayor Joseph J. Solomon and Council President Steven Merolla joined with shareholders of Ortho Rhode Island, Calspan and […]
News Release: Healthcare Trust of America, Inc. Reports First Quarter 2019 Earnings
Healthcare Trust of America, Inc. Reports First Quarter 2019 Earnings First Quarter 2019 Highlights Net Income Attributable to Common Stockholders increased $3.6 million, to $13.4 million, compared to Q1 2018. Earnings per diluted share increased $0.01, to $0.06 per diluted share, compared to Q1 2018. Funds From Operations (“FFO”), as defined by the National Association of […]
News Release: NexCore Breaks Ground for CHI Health Clinic Millard in the Southwest Omaha metro
The 38,700 square foot facility will double the size of an existing clinic, providing a positive economic impact as well as convenient, high-quality, one-stop outpatient care Top: NexCore Group has begun development of the new 38,700 square foot CHI Health Clinic in Millard, Neb. Bottom: Ground was broken March 27 for the new clinic, which will […]
News release: HFF closes $14.75M sale of build-to-suit medical office property for Joe DiMaggio Children’s Hospital in South Florida
ORLANDO, FL – APRIL 24, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces that it has closed the $14.75 million sale of a build-to-suit medical office property in Wellington, FL, totaling 31,830 square feet and fully leased to Joe DiMaggio Children’s Hospital. The tenant’s parent health system, Memorial Healthcare System, exercised its right of first […]
News Release: JLL completes sale of Indianapolis-based Methodist Professional Center II to Healthcare Realty Trust
JLL’s Healthcare Capital Markets experts have completed the sale of a 143,499-square-foot Class A outpatient facility on the academic medical campus of Indiana University Health’s Methodist Hospital in downtown Indianapolis. It is the largest hospital complex in the state of Indiana with 1,411 staffed beds. Methodist Professional Center II (MPC II) is fully occupied by […]
News Release: Recent Closing | Acquisition Loan
CLOSED: Cadence Capital Partners Healthcare Real Estate Group Secures $27,000,000 Acquisition Loan Cadence Capital Partners is pleased to announce the closing of a $27,000,000 non-recourse, bridge loan for the acquisition of a Class A, 125-bed, behavioral health facility in Texas. Cadence sourced the loan through a local Texas bank With deep market knowledge and shared […]
News Release: Avison Young brokers sale of medical office building in Maryland for $20.6 million
For Immediate Release Monday, April 22, 2019 WASHINGTON – Avison Young announced today that it has negotiated the sale of a Class A medical office building in a growing suburb of Washington, DC. Foulger-Pratt, based in Potomac, Maryland, sold the building located at 7704 Matapeake Business Drive in Brandywine, Md. to Hammes Partners for $20.595 […]
News Release: Meridian Sells New 9,200 SF Dialysis Clinic in Downtown Long Beach for $8.4 Million
FOR IMMEDIATE RELEASE: NEWPORT BEACH, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the company has closed escrow on the sale of its 9,200-square-foot dialysis clinic in Long Beach, Calif. The purchase price was $8,421,580, representing a cap rate of 5.0 percent. The […]
News Release: Echo Development Group, Inc. Acquires 5 Acre Land Parcel in Colorado Springs for MOB Development
FOR IMMEDIATE RELEASE Chicago, IL (April 18, 2019) – Echo Development Group, Inc. announces it has acquired land in Colorado Springs, CO with plans to develop a class-A medical office building. The property is approximately 5 acres and is located at 2460 Research Parkway in the heart of the Briargate area of northeast Colorado Springs. […]
News Release: RD Management announces mixed-use development at Muskegon Shopping Center in Michigan
April 17, 2019 Residential buildings and a Mercy Health facility will be added upon removal of a vacant former Kmart RD Management LLC, one of the nation’s largest privately held real estate development and management organizations, announced today mixed-use development plans for its Muskegon Shopping Center located at 3530 Henry Street in Muskegon, Michigan. The new project […]
News Release: Caddis donates money, expertise to build new community for adults with autism
Innovative prototype ‘29 Acres’ near Dallas is designed to meet local demand and offer housing and skills development to build self-esteem and independence CROSS ROADS and DALLAS, Texas, April 17, 2019 – In a continuation of its ongoing philanthropic initiatives, Caddis® announced that it is donating more than $400,000 and its real estate development expertise […]