Capital Markets

Thought Leaders: JLL Healthcare Perspectives - Capital Markets

Thought Leaders: JLL Healthcare Perspectives – Capital Markets

Change in benchmark interest rates Source: Bloomberg Key points: ·         2022 was a watershed year with rising interest rates which were at historically low levels in the last decade.  Floating rate benchmarks increased 4.36% in 2022 and, importantly for medical office lending, 5-year swap rates increased more than 2.00%.  The divergent trend in these rates led to […]

News Release: WOODSIDE HEALTH SEEDED PROGRAMMATIC JOINT VENTURE ARIZONA, TEXAS, FLORIDA & GEORGIA | JANUARY 2023

News Release: WOODSIDE HEALTH SEEDED PROGRAMMATIC JOINT VENTURE ARIZONA, TEXAS, FLORIDA & GEORGIA | JANUARY 2023

  Newmark’s Healthcare Capital Markets practice announces the recapitalization of a 10-property, 423,000-square-foot medical office portfolio that spans four states. The recapitalization will seed a joint venture between Cleveland, Ohio-based medical office building acquisition and management firm Woodside Health, LLC and an affiliate of Heitman LLC, a global real estate investment management firm with $53 […]

News Release: Just Closed -- A Revitalized Landmark Medical Office Building In Buckhead | Atlanta

News Release: Just Closed — A Revitalized Landmark Medical Office Building In Buckhead | Atlanta

Transaction Highlights Date Closed 10/26/2022 Size ±149,202 SF Occupancy 81% Northwest Medical Center | Atlanta, GA CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the closing of Northwest Medical Center (the ‘Property’) in Atlanta, Georgia. Lee Asher, Zack Holderman, Jordan Selbiger, Trent Jemmett, Cole Reethof and Josiah Gunter acted as the seller’s […]

News Release: Newmark Announces Sale, Equity Placement and Financing of 12-Property Medical Office Portfolio

News Release: Newmark Announces Sale, Equity Placement and Financing of 12-Property Medical Office Portfolio

November 7, 2022 12:00 PM — Newmark announces the sale, equity placement and financing of a 12-property, 352,981-square-foot multi-state medical office building portfolio. Senior Managing Director Jay Miele, Executive Managing Director Ben Appel and Senior Managing Directors Michael Greeley and John Nero of Newmark’s Healthcare Capital Markets group, in cooperation with local licensees, represented the seller […]

News Release: MOHAWK ASSET MANAGEMENT CORP. ANNOUNCES PURCHASE OF A MEDICAL/PROFESSIONAL OFFICE BUILDING IN CHICAGO (LOMBARD), ILLINOIS

TORONTO, Oct. 24, 2022 /CNW/ – Mohawk Asset Management Corp. (“Mohawk”), a Toronto-based alternative asset management firm specializing in healthcare real estate, announced today its purchase of a medical/professional office building in Lombard, Illinois by the newly formed Mohawk Chicago (Lombard) Opportunity Partners (IV) LP. The DuPage Corporate Center is a 165,000 square foot, three […]

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Feature Story: The private equity effect

Colliers panelists discuss how PE investments in physician groups affect HRE By John B. Mugford As recently as 2001, about 60 percent of U.S. physicians were independent, meaning they owned and operated their own practice. In those days, most medical office buildings (MOBs) were multi-tenant, and most healthcare real estate (HRE) developers, owners and brokers […]

News Release: CBRE Investment Management Fund Acquires 662,607-Square-Foot, Class A Life Sciences Campus in Raleigh-Durham’s Research Triangle

News Release: CBRE Investment Management Fund Acquires 662,607-Square-Foot, Class A Life Sciences Campus in Raleigh-Durham’s Research Triangle

RALEIGH-DURHAM, NC, Sept. 27, 2022 — CBRE Investment Management, on behalf of a separate account client, has acquired Park Point, a 662,607-square-foot life sciences campus in Raleigh-Durham’s Research Triangle. Located at 4001 NC Highway 54, Durham, North Carolina, the Class A property is aligned with the firm’s commitment to investing in life sciences assets as the […]

News Release: Vitalis Acquires Campus Adjacent MOB in Cincinnati, Ohio for $6,400,000.

News Release: Vitalis Acquires Campus Adjacent MOB in Cincinnati, Ohio for $6,400,000.

The transaction closed on September 22nd, 2022. Vitalis closed on a 16,500 SF campus adjacent medical office building located at 4665 E. Galbraith Road in Cincinnati, OH. The building sold for $6,400,000 or $387 / SF and closed off-market. Infiniti Dialysis, Nephrology Associates of Greater Cincinnati, Bernstein Allergy & Bernstein Clinical Research occupy 100% of […]

News Release: University of Maryland, Baltimore and Wexford Meeting Critical Demand for Wet Lab Space in Baltimore Region

News Release: University of Maryland, Baltimore and Wexford Meeting Critical Demand for Wet Lab Space in Baltimore Region

Doubling the University of Maryland BioPark’s lab space, the two-phase 4MLK development project will represent more than $320 million in total capital investment BALTIMORE, Sept. 22, 2022 — University of Maryland, Baltimore (UMB) and Wexford Science & Technology, LLC, announced today that 4MLK, the newest development project in the University of Maryland BioPark, is slated to […]

News Release: Broadmark Realty Capital Unveils New Brand Identity, Announces First Mezzanine Loan

New company website, logo represent Broadmark’s ongoing commitment to providing smart, reliable, rapid investment solutions $10 million mezzanine loan will finance the acquisition of retail center in Issaquah, Wash.; reflects evolution and diversification of company’s product offering Broadmark also recently provided a nearly $25 million loan for the acquisition of a self-storage portfolio, including properties […]

News Release: PRESCRIPTIVE CAPITAL, SABER STREET AND CBK INTERESTS ANNOUNCE MEDICAL OFFICE DEVELOPMENT IN THE WOODLANDS, TEXAS

News Release: PRESCRIPTIVE CAPITAL, SABER STREET AND CBK INTERESTS ANNOUNCE MEDICAL OFFICE DEVELOPMENT IN THE WOODLANDS, TEXAS

Prescriptive Capital Seeking Further Expansion in the Healthcare Real Estate Sector DENVER, Colorado, September 7, 2022 – Prescriptive Capital, a Denver-based real estate private equity firm, and Houston-based healthcare developers Saber Street and CBK Interests have announced their plans to begin the initial development phase of a 45,000 square foot medical office building in The […]

News Release: Partners Capital sells Steeplechase Professional Building in Northwest Houston

News Release: Partners Capital sells Steeplechase Professional Building in Northwest Houston

Disposition marks the last remaining property of Partners Capital’s Fund I portfolio. Houston, TX, September 1, 2022 – Partners Capital—the investment and development platform of Partners Real Estate Company—today announced that it has sold its Steeplechase Professional Building, a 61,165-sq.-ft. medical office building located at 11301 Fallbrook Drive in Northwest Houston. Partners Capital originally acquired […]

News Release: Northmarq to Acquire National Investment Sales Firm

News Release: Northmarq to Acquire National Investment Sales Firm

MINNEAPOLIS, Aug. 31, 2022–(BUSINESS WIRE)–Northmarq, a leading commercial real estate capital markets platform, announced today it has entered into a definitive agreement to purchase Stan Johnson Company, a real estate brokerage and advisory firm that focuses on investment sales across multiple asset classes. The acquisition will also include affiliate debt services company, Four Pillars Capital […]

News Release: Ventas Reports 2022 Second Quarter Results

News Release: Ventas Reports 2022 Second Quarter Results

CHICAGO–August 04, 2022 (BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today reported results for the second quarter ended June 30, 2022. Second Quarter 2022 Highlights Net Income (Loss) Attributable to Common Stockholders (“Attributable Net Income (Loss)”) per share of ($0.11) Normalized Funds from Operations* (“Normalized FFO”) per share of $0.72 Total Company year-over-year same-store […]

News Release: $165M refinancing arranged for San Diego life sciences campus

News Release: $165M refinancing arranged for San Diego life sciences campus

JLL Capital Markets led financing efforts for Genesis Science Center, a four-building life sciences campus in the Sorrento Mesa submarket SAN DIEGO – July 29, 2022 – JLL Capital Markets announced today that it has arranged a $165 million refinancing for Genesis Science Center, a four-building, life sciences R&D campus totaling 252,000 square feet in […]