News Release: Just Closed – MOB Debt Financing
CLOSED Cadence Capital Partners Healthcare Real Estate Group Secures Cash Out Refinance Cadence Capital Partners is pleased to announce the closing of a small balance, non-recourse, fixed rate, 10-year term loan for a 100% occupied, multi-tenant, medical office building in Texas. Cadence worked diligently to source the loan through a local Texas bank with deep […]
News Release: Global Healthcare Services Closing Announcement
Newmark Knight Frank Global Healthcare Services RECENTLY SOLD: Orthopedic Associates MOB 65 Pennsylvania Ave, Binghamton, NY SF: 62,813 Sales Price: $11,680,000 Sale Date: 8/2/2019 Todd Perman, CCIM Vice Chairman Global Healthcare Services 404.806.2510 tperman@ngkf.com Dana Hamric Senior Managing Director Global Healthcare Services 404.806.2513 dhamric@ngkf.com Richard Gerakitis Associate Global Healthcare Services 404.806.2717 rgerakitis@ngkf.com
News Release: Just Closed – SG Healthcare Portfolio
JUST CLOSED SG Healthcare Portfolio Metro Atlanta Sale Date: 7/31/2019 Property Size: 85,637 SF Occupancy: 96% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the SG Healthcare Portfolio (the “Portfolio”). Lee Asher, Chris Bodnar, Shane Seitz, Sabrina Solomiany and Ryan Lindsley acted as the seller’s exclusive advisors. The Portfolio consists of […]
News Release: BOLOUR Provides Entitled Land Financing for Kaiser-Adjacent Master-Planned Site
Bolour Provides Entitled Land Financing For Kaiser-Adjacent Master-Planned Site HIGHLIGHTS Quick Close 95% Loan-To-Cost Collateral Release Provisions Modesto, CA BOLOUR has provided entitled land financing for a four-parcel site situated adjacent to the newly constructed Kaiser Permanente Hospital in Modesto, California. The $2.2 million loan will be secured by a 240,000-square-foot land site located within […]
News Release: Montecito Medical Expands Virginia Footprint
Montecito Medical Acquires Large Orthopedic Medical Office Building, Expanding Virginia Footprint FOR IMMEDIATE RELEASE August 6th, 2019 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has acquired a Class-A medical office building in Lynchburg, Virginia, from OrthoVirginia, the state’s largest provider of orthopedic and therapy care. Constructed in 2008, the facility was built-to-suit […]
News Release: Atkins Companies and Woodmont Properties Announces First Retail Tenants at New South Jersey Mixed-Use Community
For Immediate Release Washington Township, N.J. (August 5, 2019) – Atkins Companies and Woodmont Properties, both multigenerational commercial real estate development, investment, and property management firms, have inked three lease deals for their brand-new 10,000-square-foot standalone retail building at Washington Square Town Center. PetCheck Urgent Care has signed on for 2,600 square feet, Strive Physical Therapy and […]
News Release: Welltower Announces Recapitalization of Benchmark Senior Living Portfolio for $1.8 Billion
7/31/2019 5:05:03 PM Transaction allows Benchmark to invest new capital into revitalizing selected communities and further improve resident experience TOLEDO, Ohio, July 31, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) and Benchmark Senior Living today announced that Benchmark has recapitalized the Benchmark Senior Living portfolio, previously owned in partnership with Welltower, with private institutional capital for a gross sale price […]
News Release: Welltower Expands Relationship with Discovery Senior Living through Off-Market Acquisitions and Exclusive $1 Billion Development Agreement
7/31/2019 5:08:03 PM TOLEDO, Ohio, July 31, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced that it has expanded its relationship with Discovery Senior Living through an off-market acquisition of three infill seniors housing campuses. Located in the Dallas-Fort Worth and San Antonio metropolitan statistical areas, the communities offer the full continuum of care in large, high-end residential settings. The portfolio, recently […]
News Release: Just Closed – Midwest Net Leased MOB Portfolio
Just Closed Midwest Net Leased Mob Portfolio MN, ND & MT Sale Date: 7/31/2019 Portfolio Size: 82,002 SF Occupancy: 100% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the Midwest Net Leased MOB Portfolio (the “Portfolio”). Chris Bodnar, Lee Asher, Shane Seitz, Sabrina Solomiany and Ryan Lindsley acted as the seller’s exclusive advisors. The […]
News Release: JLL advises Welltower on $1.8 billion recapitalization of Benchmark Senior Living portfolio
NEW YORK, August 1, 2019 – JLL announces it has exclusively advised Welltower Inc. (NYSE: WELL) in the recapitalization of the Benchmark Senior Living portfolio, which Benchmark previously owned in partnership with Welltower, with private institutional capital for a gross sale price of $1.8 billion. As a part of the recapitalization, Welltower has fully exited […]
News Release: JLL closes $405M sale of life science offering in Carolinas
Rare core life science offering in heart of Research Triangle acquired by investor team that includes RTP mainstay, Longfellow Real Estate Partners CHARLOTTE, N.C., August 1, 2019 – JLL announces that it has closed on the sale of a core life science portfolio located in the heart of the Research Triangle, North Carolina, one of […]
News Release: Welltower Expands Relationship with Summit Medical Group
7/31/2019 5:03:03 PM TOLEDO, Ohio, July 31, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced that it has entered into a definitive purchase agreement under which Welltower will acquire a 43-acre, 6-building, 270,000 square foot medical office campus in Berkeley Heights, NJ for $140 million. The campus will be master leased by Summit Medical Group (“Summit”, “SMG”), one of the nation’s premier independent multispecialty medical […]
News Release: Welltower Partners with Balfour Senior Living and Expands Best-in-Class Platform
7/31/2019 5:00:03 PM TOLEDO, Ohio, July 31, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced that it has formed a new relationship with Colorado-based Balfour Senior Living (“Balfour”), a premier operator of unparalleled independent living, assisted living and memory care communities. Welltower and Balfour plan to enhance the high-end senior living experience by expanding upon Balfour’s best-in-class design and accommodations. Welltower acquired a […]
News Release: JLL closes sale of Sunrise Lake in Pearland, Texas
Mixed-use asset comprising a blend of medical office and retail uses HOUSTON, July 31, 2019 – JLL announces that it has closed the sale of Sunrise Lake, a 74,612-square-foot mixed-use property in the Houston-area community of Pearland, Texas. JLL marketed the property on behalf of the seller, TIG Real Estate Services, and procured the buyer. […]
News Release: Podolsky Circle Represents MedEx Ambulance Service in Long-Term Lease Renewal
FOR IMMEDIATE RELEASE: Tuesday, July 30, 2019 Podolsky Circle Represents MedEx Ambulance Service in Long-Term Lease Renewal Des Plaines, IL– Podolsky Circle CORFAC International is pleased to announce that it is has successfully advised and represented MedEx Ambulance Service in a 17,080 square foot, long-term lease renewal at 1001 S. Des Plaines Street in Chicago. […]