News Release: Montecito Medical Acquires Central Minnesota Medical Office Building
Nashville, Tenn.–(BUSINESS WIRE)–Montecito Medical, a premier owner of medical office properties throughout the United States, has completed the acquisition of a Class A medical office building in Willmar, Minnesota, that houses one of the region’s leading specialty providers. “On behalf of the building owners, I would like to commend the staff of both Montecito Medical […]
News Release: ESJ Capital Partners Sells $18 Million Tampa Medical Office
University Park Business Center Miami – ESJ Capital Partners, LLC (“ESJ”), a full service investment management firm based in Aventura, announces the $18 million sale of University Park Business Center, a 99,154-square-foot office campus on 12.5 acres located at 4001 East Fowler Avenue in Tampa, Florida, directly across from University of South Florida (USF). The […]
News Release: National Real Estate Leader Closes on Norwood Medical Center at 825 Washington St. in Norwood, Massachusetts for $23.5 Million
Thor Equities today announced it has closed on the acquisition of Norwood Medical Center, its first property in the Greater Boston area, for $23.5 million Located at 825 Washington St. in Norwood, Massachusetts, the three-story, 92,000-square-foot medical office building is currently 95 percent occupied. Tenants include Steward Health Care, the largest private hospital operator in the United […]
News Release: New Medical Office Building Coming to Council Bluffs
Looking to enhance health care options for Council Bluffs and western Iowa families, Methodist Jennie Edmundson Hospital broke ground on a 60,000-square-foot medical office building on Thursday, Sept. 20. Hospital, Methodist Health System and Methodist Physicians Clinic representatives, along with Council Bluffs Mayor Matt Walsh, were present. Steve Baumert, president and CEO of Methodist Jennie […]
News Release: Henry Ford Moving into New Royal Oak City Center
Royal Oak– Already home to a robust business community, downtown Royal Oak will be getting another boost with today’s announcement that the Henry Ford Health System will occupy the entirety of the new Royal Oak City Center when it is complete. Just months after breaking ground on the development, the Boji Group began working with Henry […]
News Release: Anchor Health Properties Expands Philadelphia Area Presence With Two Building Portfolio Acquisition
(Wilmington, DE) Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management and investment company focused exclusively on medical facilities, has recently closed on the acquisition of two strategic outpatient medical office buildings in suburban Philadelphia. With well over one million square feet of medical office space managed and/or under development in the […]
News Release: Medical Office Debt Placement – $96M Non-Recourse Financing
MEDICAL OFFICE DEBT PLACEMENT $96,000,000 Non-Recourse Financing of a Core Medical Office Portfolio Lender: Commercial Bank Loan Amount: $96,000,000 Fixed Rate: 1.15% over 10-year Treasury Loan Term: Ten Year Amortization: Full Term Interest Only Guarantee: Non-Recourse CBRE U.S. Healthcare Capital Markets and Debt & Structured Finance secured a $96,000,000 permanent loan to finance a 490,000 […]
News Release: Montecito Medical Acquires Medical Office Building of Leading Primary Care Provider in Rhode Island
Nashville, TN — Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has acquired the University Medicine Medical Office Building in East Providence, Rhode Island. University Medicine, which is part of Brown Physicians, Inc. (“BPI”), is one of the largest primary care providers in Rhode Island. The four-story, 68,500 square-foot property is […]
News Release: MedCore Partners Press Release
MedCore Partners Brokers 67 Acres for Methodist Hospital in Midlothian, TX Methodist Health System engages MedCore Partners to acquire land to build the first acute care hospital in the Midlothian market. Dallas, Sept. 18, 2018 /PRNewswire/ — MedCore Partners, a full-service healthcare real estate company, announced today that it has brokered the purchase of a 67-acre land […]
News Release: Mayo Clinic, Pontiac Land collaborating to expand patient care and hospitality in Rochester
September 18, 2018 ROCHESTER, Minn. — Mayo Clinic and Pontiac Land Group today announced plans to expand the Gonda Building on Mayo’s Rochester campus to support the growing need for additional clinical space, and to offer patients and visitors to the community a premier hospitality experience. The Mayo collaboration with Pontiac Land, a Singapore-based real estate developer, will […]
News Release: Leasing for 82,000 SF Gwinnett medical building awarded to Transwestern
Transwestern to lease Gwinnett Medical Office Building in Atlanta’s surging healthcare market Transwestern’s Growing Healthcare Advisory Team Markets Property in Lawrenceville, GA (Sept. 17, 2018 – Atlanta) – Transwestern’s Atlanta office today announces it has been named the exclusive leasing agent of an 82,000-square-foot building at 575 Professional Dr. in Lawrenceville, Georgia, at the entrance […]
News Release: The Neenan Company Completes Barton Center for Orthopedics & Wellness in South Lake Tahoe, Calif.
FOR IMMEDIATE RELEASE September 17, 2018 The Neenan Company Completes Barton Center for Orthopedics & Wellness in South Lake Tahoe, Calif. SOUTH LAKE TAHOE, CALIF. — Colorado-based design-build firm The Neenan Company is proud to announce its completion of the Barton Center for Orthopedics & Wellness in South Lake Tahoe, Calif. Located in the Robert Maloff Center on […]
News Release: Cushman & Wakefield Inks Three Medical Leases in Franklin Lakes, NJ
Cushman & Wakefield Inks Three Medical Office Leases in Franklin Lakes, N.J. at the New 32,500-SF Franklin Lakes Towne Square 794 Franklin Ave. the Only New Building in Bergen County Designed for Medical-Retail Mix FRANKLIN LAKES, N.J., Sept. 14, 2018 – Three new medical office tenants have leased space at Gabrellian Associates’ new mixed-use building […]
News Release: CIT Serves as Administrative Agent and Lead Arranger on $144 Million Senior Secured Credit Facilities for Bristol Hospice LLC
NEW YORK — Sept. 13, 2018 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as administrative agent and lead arranger for a $115 million first lien credit facility and sole lead arranger for a $29 million second lien credit facility on behalf of Bristol Hospice LLC to finance the acquisition […]
News Release: Dallas Healthcare Real Estate Company Executives to Speak at National Conference
The Sanders Trust execs speaking at the Interface Healthcare Real Estate Conference in Dallas, Texas The Tenth Annual Conference to be Held at The Westin Galleria Birmingham, Ala. – The Sanders Trust (“TST”), a Birmingham-based healthcare real estate and development firm, is a sponsor and will have a few of their executives speaking at the […]