News Release: Prism Capital Partners, Hoffmann-La Roche Inc. Sign Purchase and Sale Agreement for Nutley, N.J., Campus
Hackensack Meridian Health and Seton Hall University Commit to Leasing Two Buildings on 116-Acre Site NUTLEY/CLIFTON, N.J., July 13, 2016 – In a blockbuster acquisition play, PB Nutclif I, LLC, an affiliate of locally based Prism Capital Partners (Prism) today signed a purchase and sale agreement with Hoffmann-La Roche Inc. (Roche), to purchase the pharmaceutical […]
News Release: Just Closed – Prestley Mill Medical Center
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of Prestley Mill Medical Center in Douglasville, Georgia. Sale Date July 1, 2016 Sale Price $4,275,000 Price Per SF $151 Building Size 28,400 SF Year Built 2000 Occupancy 90% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of […]
News Release: CBC Real Estate Group to Develop $40 Million Rock Regional Hospital in Derby, Kan.
KANSAS CITY, Mo. (July 13, 2016) – Yesterday, CBC Real Estate Group announced its plans to develop Rock Regional Hospital in Derby, Kan. The 65,000 square-foot, 30-bed general acute care hospital and adjacent 40,000 square-foot medical office building will be located north of Patriot Avenue and west of Rock Road, in the proposed STAR Bond […]
News Release: Raymond James serves as Financial Advisor to West Virginia University Health System on its successful $261M tax-exempt fixed rate refunding
Raymond James Healthcare Finance has been West Virginia University Health System’s comprehensive financial advisor since 2005. For additional information please click here to view the case study. About Raymond James Healthcare Finance The Healthcare Finance Group of Raymond James provides specialized healthcare investment banking expertise to clients nationwide through strategic advisory, capital markets, M&A, and […]
News Release: Rendina completes 41,000 square foot outpatient facility in New Jersey
LIVINGSTON, N.J., July 13, 2016 – Rendina Healthcare Real Estate announces the completion and opening of a 41,000 square foot addition to the existing RWJBarnabas Health Ambulatory Care Center (ACC), in Livingston, an Essex County, N.J., community that is part of the New York Metropolitan Area. Rendina will own and provide property management services to […]
News Release: Medistar Begins Construction on Intercontinental® Houston Medical Center Hotel; Medistar and Greystar Begin Construction on Latitude Med Center Apartments
World’s Largest Luxury Hotel Brand and Largest Operator of Apartments in the United States to Serve World’s Largest Medical Complex Houston, TX (July 11, 2016) – Medistar Corporation (“Medistar”) announced today that it closed on financing and began construction on the new InterContinental® Houston Medical Center hotel and Latitude Med Center luxury apartment tower located at the intersection […]
News Release: Just Closed – Lakeside Women’s Hospital
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Lakeside Women’s Hospital in Oklahoma City, Oklahoma. Sale Date: June 30, 2016 Sale Price: $19,840,000 Price Per SF: $316 Building Size: 62,857 SF Occupancy: 100% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Lakeside […]
News Release: USAA Real Estate Company and Brackett Flagship Venture Announce Acquisition of Norfolk, VA Medical Office Building
SAN ANTONIO, TEXAS (July 11, 2016) – A venture comprised of Brackett Flagship Properties and USAA Real Estate Company has acquired DePaul Medical Plaza, an approximately 100,000 square foot LEED Silver Certified, Class A medical office building located within the Bon Secours DePaul Medical Center campus just north of downtown Norfolk, VA. The acquisition is […]
News Release: CNL Healthcare Properties II Breaks Escrow
The REIT, focused on healthcare and seniors housing, will admit new stockholders daily (ORLANDO, Fla.) July 11, 2016 — CNL Healthcare Properties II, Inc., a non-traded real estate investment trust (REIT) focused on healthcare and seniors housing properties, has raised proceeds sufficient to break escrow in all states except Ohio, Pennsylvania and Washington through its continuous public […]
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 […]