News Release: Elliott Bay Acquires MOB in Kentucky
SEATTLE — A partnership between Elliott Bay Capital Trust (“Elliott Bay”), a real estate investment company focused on essential healthcare properties, and its partner Pantheon, a leading global private markets investor, today announced it has acquired a net leased medical outpatient property in Paintsville, KY. The property is leased to a leading health system providing […]
News Release: Just Closed: Dermatology ASC/MOB Portfolio | Birmingham-AL | Montgomery-AL
HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a newly built state-of-the-art outpatient surgery center and clinic that is well-located in Vestavia, Alabama, an affluent suburb of Birmingham, and a medical office building in Montgomery, Alabama. Constructed in 2020, the Vestavia Hills MOB & ASC is 100% leased […]
News Release: CareTrust REIT Announces $62.1 Million Acquisition of Two Skilled Nursing Facilities in Separate Transactions; Pipeline Replenished
August 29, 2024 05:32 PM Eastern Daylight Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today the acquisition of two skilled nursing facilities in separate transactions with a total investment amount of approximately $62.1 million. On August 29th, 2024, the company acquired a 125-licensed bed skilled nursing facility in the Mid-Atlantic. Separately, on August […]
News Release: Cushman & Wakefield Advises Sale of Newly Renovated 77,386 SF Medical Office Asset in Phoenix for $7.2 Million
For Immediate Release Multi-tenant medical office building adds to trend of growing investor activity PHOENIX, Ariz. – August 28, 2024 – Cushman & Wakefield announced the firm has advised the sale of a multi-tenant, two-story 77,386-square-foot building in Phoenix, Arizona. Located at 690 N Cofco Center Court, the medical office building commonly known as Gateway […]
News Release: Echo Real Estate Capital, Inc. Acquires Two Indiana Properties for Autism Therapy Redevelopments
FOR IMMEDIATE RELEASE Chicago, IL (August 2024) – Echo Real Estate Capital, Inc. (“Echo”) announces it has separately acquired two vacant properties for redevelopment into single-tenant autism therapy clinics. The properties are 100% leased to UNIFI Autism Care – a leading provider of autism therapy services who seek to enhance the quality of life for […]
News Release: Healthcare Realty Trust Expands KKR Joint Venture
KKR JV approaching $500 million in value with new asset contributions August 26, 2024 16:15 ET | Source: Healthcare Realty Trust Incorporated NASHVILLE, Tenn., Aug. 26, 2024 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced it has contributed $118 million of additional properties to its joint venture with KKR, generating approximately $94 million […]
News Release: Just Closed | Best-Med Urgent Care Clinic | Casper-WY
Best-Med Urgent Care Clinic Just Closed Best-Med Urgent Care Clinic, Casper, WY Sale Announcement HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a single-tenant net-leased urgent care clinic located in Casper, WY. The building was fully renovated in 2022 and is 100% leased and occupied by BestMed Urgent […]
News Release: Medical Properties Trust Sells 11 Colorado Facilities for $86 Million
August 14, 2024 04:15 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced the completion of its sale of 11 freestanding emergency department (“FSED”), primary care, imaging and urgent care facilities in Colorado to University of Colorado Health (“UCHealth”) for $86 million. The Company intends to […]
News Release: Northwest Arkansas hospital trades for $28.25M
JLL Capital Markets led the sales efforts for Mercy Rehabilitation Hospital Fort Smith, a 50-bed rehab hospital in Fort Smith DENVER, Aug. 13, 2024 – JLL Capital Markets announced today that it has completed the $28.25 million sale of Mercy Rehabilitation Hospital Fort Smith, a 50-bed, inpatient rehabilitation hospital (“IRF”) in the northwest Arkansas community of […]
News Release: Oxford Finance Provides $47 Million Credit Facility to Creative Solutions in Healthcare, Inc.
ALEXANDRIA, Va. & FORT WORTH, Texas. – Oxford Finance LLC (“Oxford”), a leading specialty finance firm that provides senior debt to life sciences, healthcare services, healthtech, business services and SaaS companies worldwide, today announced the closing of a $47 million senior credit facility to Creative Solutions in Healthcare, Inc. (“Creative Solutions,” or “the Company”). Funds […]
News Release: CLOSED! Strategic Outpatient Portfolio Financing
NEWMARK HEALTHCARE CAPITAL MARKETS CLOSING ANNOUNCEMENT CYPRESS WEST AND TPG ANGELO GORDON MOB PORTFOLIO FINANCING LOCATED EXCLUSIVELY IN TOP 10 MSAs The Newmark Healthcare Capital Markets team has advised Cypress West Partners in joint venture with TPG Angelo Gordon on a strategic medical outpatient portfolio financing. The portfolio consists of six Class A medical outpatient […]
News Release: JLL Capital Markets arranges financing for micro-hospital acquisition
Dignity Health Micro-Hospital in Phoenix was acquired by HPA Exchange NEWPORT BEACH, CA, Aug. 6, 2024 – JLL Capital Markets announced today that it arranged financing for Dignity Health Micro-Hospital, a 38,900-square-foot multi-specialty hospital with an emergency room and imaging center in Phoenix, Arizona. JLL represented the borrower, HPA Exchange LLC, a healthcare real estate investment […]
News Release: NHC Completes Acquisition of White Oak Senior Living Portfolio
August 06, 2024 08:00 PM Eastern Daylight Time MURFREESBORO, Tenn.–(BUSINESS WIRE)–National Healthcare Corporation (NYSE American: NHC), a national leader in senior care, announced today that it has completed the acquisition of the White Oak Senior Living (“White Oak”) portfolio, operating in North Carolina and South Carolina, including its long-term care pharmacy. White Oak’s portfolio consists […]
Transactions: Blockbuster $674.3 million MOB deal closes
Unity Medical and Varde Partners buy a 58-MOB, 2.76 million s.f. portfolio from Healthpeak SIXTEEN STATES – In a deal that came to light shortly before this edition of the HREI weekly e-newsletter was distributed, HREI has learned that a 58-asset medical outpatient building (MOB) portfolio has been sold for $674.3 million, or about $244 […]
News Release: IRA Capital, Oaktree acquire 12 property medical portfolio spanning 600,000 SF
FOR IMMEDIATE RELEASE Release Date: July 30, 2024 The 12-property Portfolio is anchored by leading regional healthcare providers and features high-acuity space with extensive tenant buildouts. Irvine, CA – IRA Capital, a prominent Southern California-based private equity firm and one of the leading private buyers of healthcare real estate in the United States, is pleased […]
