News Release: Flagship Healthcare Properties Expands REIT Portfolio with Charlotte Acquisition
NEWS RELEASE FOR IMMEDIATE RELEASE Healthcare real estate firm acquires surgery center CHARLOTTE, N.C. (April 2, 2020) — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, expands its Charlotte, North Carolina portfolio with the acquisition of Charlotte Surgery Center – Museum Campus. The 19,767-square-foot ambulatory surgery center (ASC) is located at 2825 Randolph Road, less […]
Industry Pulse: “How is COVID-19 affecting your business?”
Please take HREI’s quick, easy, one question survey: “How is COVID-19 affecting your business?” Healthcare Real Estate Insights would like to know how the COVID-19 crisis and all its associated repercussions are affecting your business. Please take our easy, quick, anonymous survey below. You will be able to see the exclusive results so far when […]
News Release: Welltower Issues Business Update
NEWS PROVIDED BY Welltower Inc. Apr 01, 2020, 18:06 ET TOLEDO, Ohio, April 1, 2020 /PRNewswire/ — (NYSE: WELL) Welltower® Inc. today issued the following statement regarding the ongoing COVID-19 pandemic: “During these extraordinary times, we remain inspired by the resolve and fortitude of all individuals who are on the front lines in combating the impact of the COVID-19 […]
News Release: Announcement – $5,900,000 Medical Office Sale in Canton, GA. – Fairfield Advisors
Fairfield Advisors announces sale of AHI Medical Office Building in Canton, GA. – $5,900,000 Transaction – ( Denver, CO and Atlanta, GA.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Medical Office Building located at 100 Liberty Blvd in Canton, GA., a suburb of Atlanta. The […]
News Release: Kairos Real Estate Partners Announces Sale Of 123,000 Sf Office Property In Blue Bell, PA
April 1, 2020 – Kairos Real Estate Partners announced today the sale of its Class A office property located at 518 East Township Line Road, Blue Bell, Pennsylvania to AFA Real Estate Partners. Terms of the deal were not disclosed. Kairos and Artemis Real Estate Partners of Chevy Chase, Maryland, acquired the property in 2016. Situated […]
News Release: Just Closed | Campbell Station Medical Plaza
CBRE Capital Markets | Healthcare JUST CLOSED Campbell Station Medical Plaza 3098 Campbell Station Parkway | Spring Hill, TN Sale Date: 2/28/2020 Property Size: 22,579 SF Occupancy: 74.06% CBRE is pleased to announce the sale of Campbell Station Medical Plaza (the “Property”) in Spring Hill, Tennessee. Morgan Hillenmeyer, Douglass Johnson, Roscoe High and Nicole Filkins partnered with Lee […]
News Release: Montecito Acquires Fresenius Medical Office Property in Las Vegas
Montecito Medical Acquires Fresenius Medical Office Property in Las Vegas FOR IMMEDIATE RELEASE April 1st, 2020 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has acquired a prime medical office building and surgery center in Las Vegas. The property, which is 100-percent leased to affiliates of Fresenius […]
Feature Story: Are MOBs still ‘recession resistant?’ We might soon find out
At January’s Revista event, HRE finance execs discussed a potential downturn By John B. Mugford At the end of January, an economic downtown was not yet on the horizon, even though many businesspeople, including those involved in healthcare real estate (HRE), were thinking about and preparing for such a possibility. After all, strong economic cycles […]
News Release: Sabra Hires Darrin Smith as Executive Vice President – Investments
March 30, 2020 04:05 PM Eastern Daylight Time IRVINE, Calif.–(BUSINESS WIRE)–Sabra Health Care REIT, Inc. (NASDAQ: SBRA) announced today that Darrin Smith has joined the Company as Executive Vice President – Investments effective March 23, 2020. In this capacity, Mr. Smith will oversee the investment team and assist the Sabra leadership team on business development […]
News Release: Private investor purchases Huntington Beach medical office building
JLL Capital Markets completes the $20M sale of the 59,354-square-foot facility NEWPORT BEACH, Calif., March 30, 2020 – JLL Capital Markets announced today that it has completed the $20 million sale of Bella Terra Medical Plaza, a four-story, off-campus medical office building totaling 59,354 square feet in Huntington Beach, California. JLL represented the seller, Vibe […]
News Release: Mohawk Asset Management Corp. announces the purchase of an urban, on-campus medical office building in Chicago, IL
NEWS PROVIDED BY Mohawk Asset Management Corp. Mar 26, 2020, 16:26 ET TORONTO, March 26, 2020 /CNW/ – Mohawk Asset Management Corp. (“Mohawk”), a Toronto-based private equity and alternative asset management firm specializing in healthcare real estate, announced today the formation of Mohawk Chicago (Portage Park) Opportunity Partners (I) LP and the purchase of an urban, on-campus medical office building […]
News Release: MD Anderson MOB
CLOSED Cadence Capital Partners Healthcare Real Estate Group $115,000,000 Acquisition MD Anderson Cancer Center • Long-term NNN Lease • Core MOB • 200,000 SF • The Woodlands (Houston), TX Michael Bennett Managing Principal mbennett@cadencerec.com cadencerec.com
News Release: JDS Real Estate Services, Inc. in Association with Out-of-State Co-Broker Bear Real Estate Advisors Represents Global Medical REIT in Acquisition of North Carolina Medical Office Building
NEWS PROVIDED BY Bear Real Estate Advisors Mar 25, 2020, 13:00 ET CHARLOTTE, N.C., March 25, 2020 /PRNewswire/ — JDS Real Estate Services, Inc. in association with out of state co-broker Bear Real Estate Advisors, a real estate investment services firm, announced today that it represented Global Medical REIT Inc. in its acquisition of an approximately 98,000-square-foot medical office […]
Project Case Study: MOB spurs mixed-use success
Rothman-branded MOB was the key for Atkins’ suburban Philadelphia project By John B. Mugford The notion that medical office buildings (MOBs) can be integral components of mixed-use projects is not completely new, as the concept has been gaining steam for several years now. About 20 miles south of Philadelphia in Sewell, N.J., the idea has […]
Transactions: Newsbreak (March/April 2020 edition)
In first phase of its monetization, Providence St. Joseph sells 10 properties for $59 million WEST COAST – As Providence St. Joseph Health (PSJH), a West Coast-based health system with 50 hospitals and 829 clinics, looks to right-size its real estate holdings and unlock capital, it recently sold 10 properties in the West with 344,000 […]