News Release: AW Property Co. Acquires Medical Office Project in Raleigh, North Carolina
North Palm Beach, Florida, March 23, 2022 – AW Property Co., a real estate investment and operating company specializing in healthcare properties, announced the acquisition of Blue Ridge Medical Center I and II, a two building, 123,953 square foot medical office complex located in Raleigh, North Carolina. The institutional grade asset is prominently located adjacent to the […]
News Release: Sold: Brand New Multi-Specialty Outpatient Surgery Center | Anna, TX
Sold: Brand New Multi-Specialty Outpatient Surgery Center | Anna, TX Sale Announcement HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a multi-specialty outpatient surgery located in Anna, TX within the Dallas-Fort Worth metroplex. Completed in 2020, the state-of-the-art facility consists of 23,329 rentable square feet and is 100% […]
Cover Story: Wentworth is ready to grow in the HRE sector
After a $56M purchase in early 2022, the firm has big plans to build its HRE portfolio By John B. Mugford Perhaps the first introduction that readers of HREI™ had with Phoenix-based Wentworth Healthcare Properties came in early 2022, when we reported that the firm had acquired a five-building, 182,388 square foot medical office building […]
News Release: Capital Health & Anchor Health Properties Commence Construction on a Phased, Multi-Specialty Hospital Renovation and Expansion Project
FOR IMMEDIATE RELEASE March 24, 2022 (Media, PA) Building upon a long-term relationship spanning more than twenty years with Capital Health, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on healthcare facilities, has commenced development on a phased renovation and expansion of an existing hospital. […]
News Release: Sila Realty Trust, Inc. Completes Acquisition of Oklahoma Medical Office Building for $19.4 Million
MARCH, 24, 2022 TAMPA, Fla.–(BUSINESS WIRE)– Sila Realty Trust, Inc. (the “Company”), a public, non-traded real estate investment trust focused on healthcare properties, today announced the acquisition of a medical office building located in a rising submarket just outside of Oklahoma City, Oklahoma for a contract purchase price of $19.4 million, excluding acquisition costs. The […]
News Release: Sale of San Antonio medical office complex closes
JLL Capital Markets facilitated the sale of the Legacy Oaks Medical Office Complex on behalf of Velocis DALLAS – March 24, 2022 – JLL Capital Markets announced today that it has facilitated the sale of the Legacy Oaks Medical Complex, a seven-building medical office campus totaling 227,657 rentable square feet in San Antonio, Texas. JLL […]
News Release: HREA Announces Sale of Multi-specialty Outpatient Surgery Located in Anna, TX
ANNA, Texas, Mar. 24, 2022 — HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a multi-specialty outpatient surgery located in Anna, TX within the Dallas-Fort Worth metroplex. Completed in 2020, the state-of-the-art facility consists of 23,329 rentable square feet and is 100% leased and occupied by the Surgery […]
News Release: Avison Young arranges $20 million loan for premier medical office building in McLean, VA
MARCH 23, 2022 Avison Young’s Debt and Equity Finance Team arranges refinancing on behalf of Stewart Investment Partners and Chestnut Funds MCLEAN, Va. – Avison Young’s Debt and Equity Finance Team announced today that it has arranged a $20 million loan to refinance the medical office building in the heart of downtown McLean, Va. Avison […]
News Release: Rendina, The Jackson Clinic and Baptist Memorial Break Ground on 134,966-SF Outpatient Campus in Jackson, Tenn.
NEWS PROVIDED BY Rendina Healthcare Real Estate Mar 23, 2022, 11:00 ET JACKSON, Tenn., March 23, 2022 /PRNewswire/ — Rendina Healthcare Real Estate, The Jackson Clinic, and Baptist Memorial Health Care recently began construction on a new outpatient campus and Medical Office Building (“MOB”) in Jackson, Tenn. The new two-story facility will sit on a portion […]
News Release: Cushman & Wakefield Arranges Five Leases for 371 East Paces Medical Office Building During Pandemic
For Immediate Release ATLANTA, March 23, 2022 – Cushman & Wakefield announced that the commercial real estate services firm arranged five leases during the pandemic at a 114,370-square-foot (sf) medical office building located at 371 East Paces Ferry Rd. NE. George Olmstead of Cushman & Wakefield represented the landlord, The Loudermilk Companies, in the leasing […]
News Release: Sila Realty Trust, Inc. Announces the Addition of Two New Members to the Board of Directors
March 22, 2022 04:08 PM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (the “Company” or “Sila”), a public non-traded real estate investment trust that invests in high quality healthcare properties leased to tenants along the continuum of care, today announced a series of actions that reaffirm the Company’s commitment to Board of Directors […]
News Release: MedCraft Investment Partners acquires off-market medical office buildings in Connecticut
Minneapolis, Minn. – March 22, 2021 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, MedCraft Investment Partners has acquired off-market medical office buildings in Connecticut. The buildings span 80,000 square feet and are located on 9.5 acres in a growing community. They are fully leased and anchored by a large regional […]
News Release: CRE bridge lender expands senior leadership team.
FOR IMMEDIATE RELEASE Red Oak Appoints Paul Cleary as President & COO Grand Rapids, MI, March 22, 2022 – Red Oak, a Michigan-based commercial real estate finance company, has named Paul Cleary as President and Chief Operating Officer. Mr. Cleary brings nearly 25 years of national commercial real estate lending experience having held leadership positions […]
News Release: TMC3 Collaborative Building Hits Construction Milestone
March 22, 2022 Founding institutions celebrate topping-out of the 250,000-square-foot building Houston, TX – Texas Medical Center (TMC), The University of Texas MD Anderson Cancer Center, Texas A&M University Health Science Center (Texas A&M Health), and The University of Texas Health Science Center at Houston (UTHealth Houston) today celebrated the topping-out of the TMC3 Collaborative […]
Transactions: A $1.7 billion hospital portfolio recap
MPT sells a 50 percent stake in 8 facilities to Macquarie; CBRE acts as advisor By John B. Mugford Nearly everyone involved in the healthcare real estate (HRE) space is talking about the relatively new and growing trend in which large capital sources, including institutional investment management firms, are acquiring ownership stakes in medical office […]