News Release: The Sanders Trust announces completion of expansion project at Tulsa, Oklahoma rehabilitation hospital
Birmingham, Ala., June 8, 2020 – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, announces the completion of an expansion project at PAM (Post Acute Medical) Rehabilitation Hospital in Tulsa, Oklahoma, which the firm acquired in July 2018. Built in 2017, PAM Rehabilitation Hospital of Tulsa originally provided 40 private patient rooms. The 8,100 SF addition has added another 13 beds, […]
News Releases: H2C Advises Tower Health on $455.3 Million Bond Financing
FOR IMMEDIATE RELEASE NEW YORK — June 4, 2020 — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused strategic advisory and investment banking firm, through its wholly owned subsidiary, H2C Securities Inc. (“H2C”), served as the exclusive financial advisor to Tower Health (“Tower”) in the issuance of $455.3 million in bonds. The transaction consisted of $44.7 million […]
News Release: USAA selects Transwestern to exclusively lease 6262 Sunset Drive office tower in Miami
96,779 SF Property to be Rebranded and Repositioned as Medical Office Space (June 2, 2020 – Miami) – Transwestern Real Estate Services (TRS) announces its South Florida Agency Leasing team has been selected to exclusively lease 6262 Sunset Drive in Miami, a 96,779-square-foot, eight-story office building at the epicenter of South Miami’s healthcare hub. Transwestern […]
News Release: Capital Square 1031 Fully Subscribes DST Offering of Texas Medical Portfolio
FOR IMMEDIATE RELEASE SAN ANTONIO (June 2, 2020) – Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings, announced today that CS1031 MOB TX V, DST has been fully subscribed. This Regulation D private placement is comprised of two newly constructed medical buildings located in the San Antonio and the Austin, Texas […]
News Release: Avison Young Arranges Sale of Medical Office Building During Pandemic
News Release For Immediate Release [Monday, June 1, 2020] WASHINGTON DC – Avison Young announced today that it has arranged the sale of a medical office building located at 8301 Arlington Boulevard in the Merrifield submarket of Fairfax, Virginia within Fairfax County. The commercial property is home to a variety of medical practice specialties including […]
News Release: IRA Capital expands medical portfolio with Southern California purchase
May 27, 2020 Southern California private equity firm IRA Capital has purchased a 64,000 square foot medical office building in Covina (Los Angeles County) that is 100% leased to Magan Medical, a multi-specialty group with more than 20,000 managed care patients. Magan Medical has been serving the community for more than 100 years and was […]
News Release: Midwestern Multi-Tenant Medical Office Building Sold by Marcus & Millichap
FOR IMMEDIATE RELEASE Marcus & Millichap Brokers Sale of Multi-Tenant Medical Office Building in Illinois DANVILLE, Ill., May 28, 2020 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, today announced the sale of a fully leased, 65,900-square-foot medical office building located […]
News Release: FivePoint and City Of Hope complete building & land sale for a $1b world-class cancer care center
FivePoint and City Of Hope complete building & land sale for a $1b world-class cancer care center at FivePoint Gateway in Irvine, taking next step in strategic healthcare partnership May 28, 2020 IRVINE, Calif.–(BUSINESS WIRE)– Culminating nearly two years of ongoing discussions and planning, City of Hope acquired a 190,000-square-foot, four-story building and adjacent land […]
News Release: USAA selects Transwestern to exclusively lease 6262 Sunset Drive office tower in Miami
96,779 SF Property to be Rebranded and Repositioned as Medical Office Space (May 27, 2020 – Miami) – Transwestern Real Estate Services (TRS) announces its South Florida Agency Leasing team has been selected to exclusively lease 6262 Sunset Drive in Miami, a 96,779-square-foot, eight-story office building at the epicenter of South Miami’s healthcare hub. Transwestern […]
News Release: Shady Grove Medical Pavilion Located in Notable Healthcare Corridor
May 27, 2020 Washington – Transwestern Real Estate Services (TRS) announces it has been named the exclusive leasing agent for Shady Grove Medical Pavilion at 9601 Blackwell Road in Rockville, Maryland. The 122,000-square-foot, Class A medical office is managed by Caddis, one of the most prominent owners and operators of medical office buildings and assets in the […]
Transactions: MOB sales were healthy in Q1, at $3 billion, according to RCA
Revista data indicates that Q1 sales were $2.5 billion, with the average cap rate of 6.3% By John B. Mugford Although medical office building (MOB) sales are expected to take a hit in the second and third quarters (Q2 and Q3) of this year, they were quite healthy in Q1 as demand for the product […]
News Release: Cushman & Wakefield Closes Sale of Triple Net Leased MOB in Lehigh Valley
For Immediate Release Cushman & Wakefield Closes Sale of Triple-Net Leased MOB in Pennsylvania’s Lehigh Valley Cushman & Wakefield’s Gino Lollio, Scott Niedergang, Travis Ives and Shane Funston Represent Ownership in Sale of Fully Leased Facility CHICAGO, May 26, 2020 – Cushman & Wakefield’s Healthcare Capital Markets team has represented owner JWMI, LP, in the sale of […]
News Release: IRA Capital Acquires Multi-Tenant Medical Building Anchored by Orlando Health
May 14, 2020 Southern California-based IRA Capital (IRA) is pleased to announce the acquisition of Oviedo Crossing Medical Center, a 22,000 square foot medical office building located in the Orlando suburb of Oviedo. The 100% occupied multi-tenant property was built in 2004 and is anchored by Orlando Health, one of central Florida’s largest employers with […]
News Release: OZRE Capital announces acquisition of Village on The Creeks
Partners Plan Additional Investments in Northwest Arkansas Real Estate and Beyond NORTHWEST ARKANSAS—With the formation of OZRE Capital, Steve Brooks and Conner Eldridge, partners with Eldridge Brooks, and Tom Gordon and Greg Smart, founders of Slim Chickens, announced the purchase and acquisition by OZRE of the entity that owns the Village on the Creeks commercial […]
News Release: Mag Mile Capital completes $2.22 million in two non-recourse loans in North Carolina
FOR IMMEDIATE RELEASE Wednesday, May 20, 2020 CHICAGO – Mag Mile Capital is pleased to announce that the firm’s Senior Vice President Matt Weilgus has completed two loans totaling $2,220,000 for a private property investor. “Our team executed on these transactions despite unprecedented challenges in light of COVID-19,” said Weilgus. “The combination of a strong, […]