News Release: Downey: Medical Building Trades at $11.3 Million
$11.3 Million Medical Building Sold by Marcus & Millichap DOWNEY, Calif., May 15, 2014 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of the Brookshire Medical Building, a 56,121-square-foot medical building located in the southeast Los Angeles County […]
News Release: SNL Real Estate: Griffin-American REIT II’s Portfolio Captures REIT Attention
On May 6, The Wall Street Journal reported California-based Griffin-American Healthcare REIT II Inc. is the target of four bidders, representing a deal that could value the nontraded REIT at approximately $3.66 billion. If accepted, one of the following four companies the Journal named could expand its portfolio with 279 health care buildings: Ventas Inc., […]
News Release: Griffin-American Healthcare REIT III Meets Minimum Offering, Enters Agreements to Acquire Three Atlanta Medical Office Buildings
Executive stock purchase plans commence ATLANTA (May 14, 2014) – American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT III, Inc., announced today that the REIT reached its minimum offering of $2 million in subscriptions on May 12. As a result, all initial subscribers have been admitted as stockholders of Griffin-American […]
News Release: Financing Options for Ambulatory Care/Wellness Facilities
Picture your hospital’s name on this wellness center! Have you recognized the need to respond to population health management concerns by creating an ambulatory care center that includes medically based wellness, but can’t find the capital to fund it? Would you like to be in the medical wellness business without the risk of funding and […]
News Release: CNL Healthcare Properties Expands Revolving Line of Credit
The $275 million credit facility provides capital for growing REIT portfolio (ORLANDO, Fla.) May 12, 2014 — CNL Healthcare Properties, a real estate investment trust (REIT) focused on senior housing and healthcare facilities, has increased its original $120 million line of credit to $275 million. The $155 million increase includes the addition of five new […]
News Release: Meridian Property Company Welcomes Newest Tenant, Petaluma Health Center in Rohnert Park, Calif.
SAN RAMON, CALIF. – Meridian Property Company, a full service real estate developer and owner of medical real estate, is pleased to welcome its newest tenant, Petaluma Health Center, to the medical office building in Rohnert Park, Calif., located at 5900 State Farm Drive. Petaluma Health Center will occupy the entire second floor of the […]
News Release: Texas Center for Athletes Changes Hands
Transwestern Represented Seller, Was Retained by Buyer for Leasing and Management (MAY 6, 2014 – SAN ANTONIO) – Transwestern’s San Antonio office today announces it completed the sale of Texas Center for Athletes on behalf of Sports SA Holdings LP. The 128,347-square-foot, state-of-the-art medical office building in San Antonio’s South Texas Medical Center was 98 […]
News Release: SNL Real Estate: US REIT IPOs Raise $747.2M YTD
Three U.S. REITs had gone public in 2014 as of April 25, raising an aggregate $747.2 million. This matches the number of IPOs completed within the same period in 2013; by year-end 2013, U.S. REIT IPOs totaled 13. One out of the three companies outperformed the SNL US REIT equity index as of April 25 […]
News Release: Carter Validus Mission Critical REIT, Inc. Exceeds $1 Billion in Investment Assets
May 2, 2014, Carter Validus Mission Critical REIT, Inc. (“CVMC REIT”) announced that it acquired Walnut Hill Medical Center (“Walnut Hill”) in Dallas, TX for $99.4 million and Cypress Pointe Surgical Hospital (“Cypress Pointe”) in Hammond, LA for approximately $25 million. With these acquisitions, CVMC REIT’s portfolio of mission critical real estate assets now exceeds […]
News Release: Healthcare real estate data firm Revista announces new founding partners and board members
Top firms HealthTrust, Raymond James, Surface Logic and Healthcare Real Estate Insights™ and industry leaders Andy Baxter, Laca Wong-Hammond, Alan Plush and Murray Wolf will lend their resources and expertise to the company’s drive to offer the nation’s only widely available database of U.S. medical properties, as well as regional and local healthcare market reports […]
News Release: Changing Tides: More Markets and Investors in the Medical Office Portfolio Mix
Demand remains robust as private REITs and private equity join the hunt for portfolios BOSTON, April 28, 2014 – Healthcare in the United States is changing on many fronts – from the Affordable Care Act to a growing and increasingly aging population – and the shift isn’t isolated to care and coverage. The commercial healthcare […]
News Release: Lillibridge and Ventas playing major roles at 2014 BOMA MOB conference
In addition to serving as a Diamond Sponsor, the leading national healthcare real estate firms are sponsoring the popular Roundtable Discussions, and have three expert speakers and panelists on the agenda CHICAGO and NASHVILLE, Tenn., April 30, 2014 – Lillibridge Healthcare Services Inc., the largest owner and manager of medical office buildings (MOBs) in the […]
News Release: HSA PrimeCare Completes Development of Franciscan St. Anthony Health’s Outpatient Clinic in Lowell, Ind.
CHICAGO (April 22, 2014) — John Wilson, president of HSA PrimeCare, the national health care real estate division of Chicago-based HSA Commercial Real Estate, announced today that the firm has finished construction of the Lowell Health Center, a 12,000-square-foot outpatient clinic occupied by Franciscan St. Anthony Health – Crown Point. Located at 4500 West 181st […]
News Release: Campus Issues Request for Qualifications for Developers
As part of its 2020 Project, UC Merced seeks a private partner to nearly double size of the 10th University of California campus through a mixed-use, master-planned development. MERCED, Calif. — The University of California, Merced, opened a competitive process on April 17 by issuing a request for qualifications (RFQ) for a development team to […]