Feature Story: For MOB investment, ‘It’s the time to transact’
By John B. Mugford InterFace panel says the market has improved; 2025 should be better In a sign that the medical outpatient building (MOB) sales market is turning the corner, Ryan Crowley, executive VP and chief investment officer with Nashville, Tenn.-based Healthcare Realty Trust Inc. (NYSE: HR), said in recent weeks that the number of […]
News Release: JLL and HJ Sims secure $473M tax-exempt and taxable bond financing to facilitate California seniors housing rental development
The James is a luxury rental, 350-bed Independent Living, Assisted Living and Memory Care community to be built in Irvine, California NEWPORT BEACH, Calif., Dec. 2, 2024 – JLL’s Capital Markets group and HJ Sims announced today that they have arranged $473 million in tax exempt and taxable bond financing for the ground-up development of The […]
Companies & People: Woodside Health stays active
MOB investment firm has partnered with Heitman and is excited about 2025 By John B. Mugford The past couple of years have certainly seen a significant slowdown in the sales volume of medical outpatient buildings (MOBs) nationwide. And yet, even though 2023 and 2024 have proven to be a difficult time to find deals for […]
News Release: Cross Keys Capital Advises MC Support Property, LLC In the Sale of Its 14,649 SQFT Medical Office Building To Montecito Medical
Fort Lauderdale, Nov. 26, 2024 (GLOBE NEWSWIRE) — Cross Keys Capital, a leading independent investment banking firm providing M&A advisory services to physician group practices and healthcare services companies, is pleased to announce it served as the exclusive financial advisor to MC Support Property, LLC in the sale of a 14,649 SQFT medical office building […]
News Release: Anchor Health Properties Acquires a 21,502 Square Foot, Class A Medical Outpatient Building through an Off-Market Transaction
FOR IMMEDIATE RELEASE November 25, 2024 Anchor Health Properties Acquires a 21,502 Square Foot, Class A Medical Outpatient Building through an Off-Market Transaction (Atlanta, GA) Furthering the company’s nearly one million square foot owned and managed portfolio in the Atlanta MSA, Anchor Health Properties (Anchor), a national, full-service healthcare real estate development, management, and investment […]
News Release: Berkadia Secures $71.26M to refinance a senior living community in Greensboro, North Carolina
FOR IMMEDIATE RELEASE Greensboro, North Carolina – November 25, 2024 – Berkadia announced today the refinancing of Abbotswood at Irving Park, a senior living community in Greensboro, North Carolina. Managing Directors Austin Sacco and Steve Muth, along with Senior Director Garrett Sacco and Assistant Vice President Alec Rosenfeld of Berkadia Seniors Housing & Healthcare, secured […]
News Release: Community Health Systems Announces Definitive Agreement to Sell ShorePoint Health System in Florida
FRANKLIN, Tenn.–(BUSINESS WIRE)–Community Health Systems, Inc. (NYSE: CYH) announced today that certain subsidiaries of the Company have entered into a definitive agreement to sell ShorePoint Health Port Charlotte in Port Charlotte, Florida, certain assets of ShorePoint Health Punta Gorda, in Punta Gorda, Florida, and certain ancillary businesses related to such facilities to subsidiaries of Adventist […]
News Release: Värde Acquires Unity Investment Management to Manage $800+ Million Healthcare Real Estate Portfolio
Expects to scale portfolio to over $2 billion capitalizing on strong sector fundamentals and demand drivers NEW YORK, Nov. 21, 2024 (GLOBE NEWSWIRE) — Värde Partners, a leading global alternative investment firm specializing in credit and credit-related assets, today announced that it has acquired Unity Investment Management from Unity Medical Properties. Operating as a wholly […]
News Release: Recent Closing – Forest Medical Building Richmond, VA
NEWMARK HEALTHCARE CAPITAL MARKETS JUST CLOSED 62,565 SF FOREST MEDICAL BUILDING 900 FOREST AVENUE | RICHMOND, VA CLASS-A, HOSPITAL-ANCHORED, PURPOSE-BUILT MOB IN RICHMOND’S CORE MEDICAL SUBMARKET NOVEMBER 2024 Newmark Healthcare Capital Markets announces the sale of the Forest Medical Building, a 62,565 SF MOB located in Reynolds Crossing, the newest and highest-class mixed-use development in […]
News Release: SRS Real Estate Partners Completes $3.38 Million Sale of a New Construction Pacific Dental Property in Orlando, FL
Tampa, FL – SRS Real Estate Partners announced today it has completed the $3.38 million sale of a newly constructed property occupied by Pacific Dental located at 7555 Narcoossee Road in Orlando, FL. The 4,000-square-foot property opened this year and has a corporate-guaranteed 10-year lease in place. SRS Capital Markets Senior Managing Principal Patrick Nutt […]
News Release: Remedy Medical Properties and Kayne Anderson Real Estate Acquire Atrium Medical Center MOB
The 103,175-square-foot, multi-tenant outpatient building is on the campus of Premier Health’s Level III trauma center in Middletown, Ohio CHICAGO and MIDDLETOWN, OH, November 18, 2024 – Joint venture partners Remedy Medical Properties and Kayne Anderson Real Estate today announced the acquisition of the Atrium Medical Center Medical Outpatient Building. The five-story, 103,175-square-foot medical office […]
News Release: Cushman & Wakefield Advises Sale of Freshly Renovated Office/Medical Complex totaling 100,203 SF in Phoenix for $20.9 Million
Three-building, multi-tenant property acquired by Cleveland based Woodside Health PHOENIX, Ariz. – November 13, 2024 – Cushman & Wakefield announced the firm has advised the sale of Paradise Valley Plaza, a three-building, multi-tenant office and medical complex totaling 100,203 square feet in Phoenix, Arizona. Located at 5010, 5020 and 5040 E Shea Boulevard, the suburban property […]
News Release: Woodside Health acquires Paradise Valley Plaza, the 14th transaction of the year.
Cleveland, OH and Phoenix, AZ, (November 12, 2024) Woodside Health is excited to announce the acquisition of Paradise Valley Plaza located on 5010, 5020, 5040 East Shea Boulevard. This marks the company’s 60th acquisition and its 14th property in the Phoenix metropolitan area. The property is strategically located at the high-traffic intersection of Tatum Boulevard […]
News Release: Plano medical office building attracts five new physician groups in last six months
Transwestern Real Estate Services (TRS) and US REO Fund, a Plano-based real estate investment firm, are pleased to announce the signing of five new medical leases at Prestonwood Medical Center, located at 7000 W. Plano Parkway. The new leases represent a significant expansion of medical services in the West Plano area totaling more than 16,000 […]
News Release: Fairfield Advisors announces sale of 3 Medical Office Buildings in Florida, Michigan, and Ohio
– $15,700,000 Sale – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of 3 Medical Office Buildings in Tampa, FL., Battle Creek, MI., and Akron, OH. The anchor tenants the buildings are some of the most preeminent health sysetms in their respective regions including […]
