News Release: HCP Announces CEO Transition
Michael D. McKee Named Interim CEO; Lauralee Martin Leaves HCP and its Board IRVINE, Calif., July 11, 2016 /PRNewswire/ — HCP (NYSE:HCP) today announced that its Executive Chairman, Michael D. McKee, has assumed the additional role of interim President and CEO, replacing Lauralee Martin, who has left the Company and its Board. The Board of […]
News Release: Capital One Closes $51.1 Million Loan for Specialized Lab and Medical Office Building Acquisition in Cambridge, Massachusetts
Bethesda, MD (July 11, 2016) – Capital One announced that it recently provided a $51.1 million loan to finance the acquisition of a 78,000-square-foot lab and medical office building in Cambridge, Massachusetts. The borrower, Longfellow Real Estate Partners, is a privately owned and operated real estate developer and manager that focuses on assets near major […]
News Release: Capital One Provides $21.5 Million in Financing to Physicians Realty Trust for Medical Office Building Acquisitions
Bethesda, MD (July 8, 2016) – Capital One announced today that it has provided $21.5 million in first mortgage financing for the acquisition of two properties in the Hudson Valley region of New York, a 66,000 square foot medical office building in Hudson and a 42,000 square foot medical office building in Cornwall. The purchaser […]
News Release: Ryan Companies US, Inc. and Park Nicollet Break Ground on New Medical Office Building in Maple Grove
Minneapolis, Minnesota (July 6, 2016) —Ryan Companies US, Inc. and Park Nicollet broke ground on a new 26,000-square-foot Medical Office Building (MOB) at The Grove Village Shopping Center in Maple Grove, MN. Located at the corner of Maple Grove Parkway and Grove Circle North, the one-story building will be home to Park Nicollet Physical Therapy […]
News Release: Capital One Closes $125 Million Loan to Help Finance Acquisition of High-Tech Lab Portfolio
Bethesda, MD (July 6, 2016) – Capital One announced that it recently committed $125 million and served as joint lead arranger and joint documentation agent in a $1.1 billion first mortgage to finance the Blackstone Group’s acquisition of 17 life science and medical office buildings. The transaction was part of the financing for Blackstone’s larger […]
News Release: Capital One Closes $28 Million Loan for Acquisition of Medical Office Building Portfolio by Charter Realty Group
Bethesda, MD (July 5, 2016) – Capital One announced today that it has closed a $28 million loan to support the acquisition of a medical office building portfolio consisting of a 139,000 square foot laboratory building and a 68,000 square foot office building located in Rockleigh, New Jersey. The purchaser, Charter Realty Group, is a […]
News Release: Capital One Provides $30 Million Senior Secured Revolving Credit Facility to University Health System
Bethesda, MD (June 30, 2016) – Capital One announced today that it has provided a $30 million senior secured revolving credit facility to University Health System, the clinical partner for the LSU Health Shreveport School of Medicine and operator of two hospitals in Shreveport and Conway, Louisiana. Both are safety net hospitals providing healthcare to […]
News Release: Just Closed – Houston Metro Medical Office Building
The JLL Healthcare Capital Markets Group is pleased to announce the sale of Imperial Medical Center, a 128,819 square-foot, Class A medical office building, located in the affluent Sugar Land submarket of Houston, Texas. Steve Leathers of the JLL Healthcare Capital Markets Group served as the seller’s exclusive advisor. The buyer was a joint-venture between […]
News Release: Taylor Design Names Andrea Walden as Director of Business Development
Irvine, Calif. (June 28, 2016) – Taylor Design, a solutions-oriented architecture, environments and strategies firm, has named Andrea Walden to Director of Business Development. In this role, Walden will focus on increasing Taylor Design’s market share further expanding its portfolio of science and technology, healthcare, and education design work. “I am thrilled to be part […]
News Release: Capital One Closes $61 Million Term Loan and $12 Million Revolving Credit Facility to CommuniCare Family of Companies
Bethesda, MD (June 28, 2016) – Capital One announced today that it served as sole lead arranger and administrative agent for a $61 million syndicated term loan and $12 million syndicated revolving credit facility to affiliates of CommuniCare Health Services. The loan and credit facility were used for the acquisition of nine skilled nursing facilities […]
News Release: Woodside Health Enters Phoenix Market with Purchase of Arrowhead Creekside Medical Office Building in Glendale
Phoenix, AZ (June 27, 2016) –Newmark Grubb Knight Frank (NGKF), announces the purchase of 7200 W. Bell Road in Glendale by Woodside Health/Crescendo Commercial, making its first acquisition in the Phoenix market. The eleven building, 69,930-square-foot portfolio of single-story properties was sold by IX CW 7200 West Bell Road, L.P. for $10,936,000, or $156.38 per […]
News Release: Just Sold – 60% Vacant Medical Office Building Trades to User Orange County, California
7872 Walker Street, La Palma, CA CBRE’s Investment Properties-SOCAL team is pleased to announce the sale of 7872 Walker Street, a two-story 59,245 SF medical office building on 2.15 acres in La Palma, California to a user who plans on renovating and occupying the building. The property was approximately 60% vacant at the time of sale […]
News Release: Executive’s world changed with cancer diagnosis, but found hope at Baptist MD Anderson Cancer Center
Groundbreaking of new nine-story building will provide more patients with individualized care Jacksonville, Fla., June 23, 2016 – When Brandy Eger’s world was turned upside down after being diagnosed with an aggressive form of breast cancer, she didn’t know how she would make it through. One of the places the senior bank executive found comfort […]
News Release: Just Closed – Atrium Medical Center Professional Building
The CBRE U.S. Healthcare Capital Markets Group acted as the advisor for the sale of the Atrium Medical Center Professional Building in Middletown, Ohio. Sale Date 16-Jun-16 Sale Price $19,300,000 Price Per SF $186 Building Size 103,175 SF Occupancy 80.30% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the […]
