News Release: First Citizens Bank Provides $53.5 Million in Refinancing to Birmingham, AL Medical Office Facility with Rethink Healthcare Real Estate
NEW YORK, N.Y. — April 1, 2025 — First Citizens Bank today announced that its Healthcare Finance business provided $53.5 million in financing to an affiliate of Rethink Healthcare Real Estate to refinance Grandview Physicians Plaza II in Birmingham, AL. Newly constructed in 2022, Grandview Plaza II covers over 140,000 square feet and is located […]
News Release: JLL Income Property Trust Acquires Chicago Area Medical Outpatient Facility
CHICAGO, April 3, 2025 /PRNewswire/ — JLL Income Property Trust, an institutionally managed, daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investments, announced today the acquisition of Naperville Medical Center, a high quality, newly converted single story medical outpatient building in the Chicago suburb of Naperville, […]
News Release: Just Closed: Orlando Health – FMC Portfolio
Colliers U.S. Healthcare Capital Markets is pleased to announce the successful closing of the Orlando Health – FMC Portfolio, a multi-specialty medical outpatient portfolio consisting of four buildings totaling 89,502-square-feet in the Tampa, FL MSA. Three of the four properties were purpose built for the Florida Medical Clinic (“FMC”) in 2021 and 2022 and the […]
News Release: Transwestern Investment Group acquires Copper Point medical property in Gilbert, Arizona
RX Health & Science Trust to Finalize Lease-Up and Stabilize Property (APRIL 1, 2025 – PHOENIX) –Transwestern Investment Group (TIG®) and its joint venture operating partner, RX Health & Science Trust (RXHST), announce the acquisition of Copper Point, a 93,262-square-foot medical outpatient facility located at 3530 South Val Vista Drive in Gilbert, Arizona. RXHST will […]
News Release: Reiffman Group – Radiology Group Redevelopment-to-Suit
March 31, 2025. LONG ISLAND, N.Y. — Fifth Third Securities Real Estate Investment Banking team (“FTS”), served as the exclusive advisor to the Reiffman Group, a family-owned, dedicated-healthcare real estate investment and development firm based in New York, to secure equity and debt for the redevelopment-to-suit of a single-tenant medical outpatient building on Long Island, […]
News Release: BGL Announces the Real Estate Sale of Dermatology Associates of Georgia
March 31, 2025 Brown Gibbons Lang & Company (BGL), a leading independent investment bank and financial advisory firm, is pleased to announce the real estate sale of Dermatology Associates of Georgia Portfolio (DAG), totaling approximately 26,277 rentable square feet in Decatur, Suwanee, and Monroe, Georgia, to TM Medical Properties, LLC. BGL’s Healthcare Real Estate team […]
Transactions: Global Medical REIT and Heitman form JV
Newmark orchestrates $35.2 million recap of MOBs to seed the partnership By Murray W. Wolf The Healthcare Capital Markets group of Newmark Group Inc. (Nasdaq: NMRK) has announced the recapitalization of medical outpatient buildings (MOBs) totaling nearly 116,000 square feet in Texas and North Carolina. The two-asset recapitalization seeds a strategic joint venture (JV) between […]
News Release: BMO Healthcare Real Estate Finance provides a $58,000,000 Term Loan
BMO’s Healthcare Real Estate Finance group announces that it has closed on a $58 million term loan with IRA Capital related to a 253-unit senior housing community located in Lynnwood, Washington. The property consists of independent living, assisted living and memory care units. Living Care Lifestyles manages the assets on behalf of ownership. IRA Capital, […]
News Release: Värde Partners with Bayspring on two West Coast office properties Värde partners with Bayspring on San Francisco & Seattle Assets
San Francisco, CA (March 20, 2025) – Bayspring Real Estate Partners (“Bayspring”) has been selected by Värde Partners (“Värde”) as its asset manager and operating partner for two properties — 1700 California Street in San Francisco and Bay Vista Office Tower, located at 2821 2nd Avenue, in Seattle. Bayspring will bring its expertise in strategic […]
News Release: Flagship Healthcare Properties acquires medical outpatient building and ambulatory surgery center in Grapevine, Texas
Property is now home to joint venture between Key Whitman Eye Center and Surgery Partners GRAPEVINE, TEXAS –Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, is pleased to announce the acquisition of a Class A, 100% leased medical outpatient building (MOB) and ambulatory surgery center (ASC) in Grapevine, Texas. The 17,724-square foot property […]
News Release: Elliott Bay Acquires MOB in Georgetown, TX
SEATTLE – Elliott Bay Capital Trust (“Elliott Bay”), a real estate investment company focused on essential healthcare properties, in partnership with Pantheon, a leading global private markets investor, today announced the acquisition of a medical outpatient facility in Georgetown, TX. The property is fully leased to Georgetown Orthopedic Group, a wholly owned subsidiary of St. […]
News Release: Newmark Announces Recapitalization of Medical Outpatient Buildings, Seeding a Programmatic Joint Venture Between Global Medical REIT and Heitman
New York, NY (March 19, 2025) — Newmark announces the recapitalization of medical outpatient buildings totaling 115,604 square feet in Texas and North Carolina. The recapitalization will seed a strategic joint venture between Bethesda, Maryland-based healthcare REIT Global Medical REIT Inc. (“GMRE”) and an affiliate of Heitman LLC (“Heitman”), a global real estate investment management […]
News Release: Cushman & Wakefield Advises Sale of Palo Verde Behavioral Health Center in Tucson, AZ for over $19 Million
84,029 SF inpatient behavioral health facility anchored by Universal Health Services TUCSON, Ariz. – March 18, 2025 – Cushman & Wakefield announced the sale of Palo Verde Behavioral Health Center, an 84,029-square-foot inpatient behavioral health facility located at 2695 North Craycroft Road in Tucson, Arizona. The property was acquired for $19.065 million by Universal Health Services […]
News Release: Gantry Secures $30 Million to Refinance Massachusetts Medical Office Building
Boston/Cambridge Regional Facility 64% Leased to Regional Healthcare Provider; Gantry Continues to Rely on Roster of Correspondent Lenders for Office in Challenging Cycle Boston, Mass. (March 18, 2025) – Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $30 million permanent loan to refinance a 101,000-square-foot, four-story medical office building […]
News Release: CareTrust REIT, Inc. Announces $817 Million Recommended Cash Acquisition of Care REIT plc
Conference Call Scheduled for Tuesday, March 11, 2025 at 8:00 a.m. EDT March 11, 2025 03:10 AM Eastern Daylight Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE: CTRE) (“CareTrust”) announced today that it has reached an agreement with the board of directors of Care REIT plc (LON: CRT) (“Care REIT”) on the terms of a […]