News Release: Bull Realty is leading the commercial market with the most recent sale of two medical office buildings
FOR IMMEDIATE RELEASE NEWS RELEASE Date: March 25, 2019 ROCK HILL, SOUTH CAROLINA—Bull Realty managed the recent sale of two medical office buildings occupied by Atrium Health / Carolinas Healthcare System adjacent to the Piedmont Medical Center Campus. The properties have been sold at a total price of $11,875,000. Both buildings were acquired by Montecito Medical. Two […]
Transactions: $1.2 billion deal kicks off 2019’s MOB sales
Here are a few more details about Welltower’s pending acquisition from CNL By John B. Mugford After a big finish to 2018, Welltower Inc. (NYSE: WELL) is kicking off 2019 with one of the biggest arm’s length medical office building (MOB) transactions ever recorded. The Toledo, Ohio-based healthcare real estate investment trust (REIT), which made […]
Transactions: Anchor is off to a fast start in 2019
Firm teamed with JV partner Carlyle to acquire three MOBs in two markets By John B. Mugford Anchor Health Properties, which had a big year for acquisitions in 2018, is off to a fast start in 2019. The Charlottesville, Va..-based healthcare real estate (HRE) investor, developer and manager acquired a total of three medical office […]
News Release: Anchor Health Properties Expands Greater Atlanta Area Footprint with Two Building Portfolio Investment
FOR IMMEDIATE RELEASE March 25, 2019 (Wilmington, DE) Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently completed the acquisition of two medical office buildings in suburban Atlanta, Georgia. Totaling over 45,000 square feet, 721 Wellness Way in Gwinnett, Georgia and 710 Newnan […]
News Release: HRE Capital is please to announce the closing of the following transaction – Physicians Realty Trust
Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) was selected as the exclusive financial advisor to Physicians Realty Trust (“DOC” or “Company”) related to the disposition of a 17-building, 462,714-square foot medical office portfolio (“Portfolio”) located across seven states (Florida, Georgia, Illinois, Indiana, North Carolina, Tennessee and Texas). The 96 percent occupied Portfolio included both […]
News Release: H2C Advises Mercy Iowa City on $41.8 Million Refinancing, Sale of Medical Office Portfolio
Hammond Hanlon Camp LLC Advises Mercy Iowa City on $41.8 Million Refinancing, Sale of Medical Office Portfolio 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 Mercy Iowa City (“Mercy”) on a year-long, multiphase process to […]
News Release: Newmark Knight Frank Partners with Providence St. Joseph Health to Provide Asset Optimization Strategy for its Non-Acute and Non-Core Assets
Looking to optimize its operational efficiency and unlock capital, Providence St Joseph Health has partnered with Newmark Knight Frank (NKF) to sell a selection of non-essential real estate assets located across Alaska, Washington, Oregon, Montana and California. The portfolio of properties comprises medical office, industrial, office assets and vacant land. “Revenue diversification is a key […]
News Release: HFF closes sale of Lakeshore Medical Center in Chicago
CHICAGO, IL – March 20, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Lakeshore Medical Center, a 135,093-square-foot medical office building (MOB) located on Lake Shore Drive in Chicago, Illinois. HFF marketed the Class A MOB on behalf of the seller, a partnership between CarVal Investors and Zeller Realty Group, and procured […]
News Release: H2C Advises John Muir Health on Issuance of Series 2018A Fixed-Rate Bonds
Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, through its wholly-owned subsidiary H2C Securities Inc. (“H2C”), served as the exclusive financial advisor to John Muir Health (“JMH”), based in Walnut Creek, Calif., in connection with the issuance of $87.025 million in Series 2018A tax-exempt, fixed-rate bonds. JMH retained H2C to advance refund its […]
News Release: Bay Medical Sacred Heart is now part of Ascension’s Sacred Heart Health System
Ardent Health Services and Ascension’s Sacred Heart Health System have completed the sale of Ardent’s interest in Bay Medical Sacred Heart to Ascension. The transaction includes the hospital and related physician clinic operations in Panama City and Bay County, Florida. Sacred Heart has announced plans to launch a $47 million project to rebuild facilities and […]
News Release: JLL to Accelerate Growth in Capital Markets Business Through Acquisition of HFF
HFF capabilities will significantly bolster JLL’s full-service Capital Markets business Combination will create an industry-leading Capital Markets platform NEWS PROVIDED BY JLL-IR Mar 19, 2019, 08:00 ET CHICAGO and DALLAS, March 19, 2019 /PRNewswire/ — Jones Lang LaSalle Incorporated (NYSE: JLL) and HFF, Inc. (NYSE: HF) today announced that they have entered into a definitive agreement under which JLL will acquire all the […]
News Release: CNL Healthcare Properties II Announces Agreement to Sell Medical Office Building, Estimated Net Asset Value Per Share
CNL Healthcare Properties II, a non-traded real estate investment trust (REIT) focused on seniors housing and healthcare properties, announced today that it has reached an agreement with HCP Medical Office Buildings, LLC to sell its Mid-America Surgery Center property for $15.4 million. The sale is expected to close in the second quarter of 2019 pending […]
News Release: HFF arranges $40.84M financing for 2 single-tenant medical office buildings in Wisconsin and Oklahoma
SAN DIEGO, CA – March 18, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces that it has arranged financing totaling $40.84 million for two single-tenant medical office buildings: Aurora Health Center in Wauwatosa, Wisconsin, and Tulsa Spine and Specialty Hospital in Tulsa, Oklahoma. HFF worked on behalf of the borrowers, to secure 10-year, fixed-rate acquisition […]
News Release: MidCap Financial Closes First Mortgage Loan on a Medical Office Building in San Francisco, CA
PRESS RELEASE BETHESDA, MD, March 18, 2019 – MidCap Financial (“MidCap”), a leading commercial finance company focused on middle market transactions, today announced that it closed a transaction with Seavest Healthcare Properties LLC (“Seavest”), a real estate investment management firm focused on the medical office and outpatient facility sector. In June 2018, MidCap provided a […]
News Release: Amboy Bank Provides $51M Financing for Former NFL Player Turned Developer
Amboy Bank, a full-service commercial bank based in Old Bridge, New Jersey, and K Johnson Enterprises, LLC (“K Johnson”), a real estate and business development company founded and led by former NFL player Kevin Johnson, today announced that they have closed on a sequence of construction loans for K Johnson Enterprises, LLC, supplying financing of approximately $51 […]