News Release: NKF Capital Markets Orchestrates $11.5 Million Transaction of Blue Hills Medical Center
Jumbo Capital Management Sells Suburban Boston Medical Office Building to Novaya Real Estate Ventures NKF Capital Markets has successfully completed the sale of Blue Hills Medical Center in Braintree, Massachusetts to Novaya Real Estate Ventures for $11.55 million. On behalf of Jumbo Capital Management, NKF Capital Markets Executive Managing Director Frank Nelson and Managing Director […]
News Release: Montecito Medical Acquires Another Georgia Medical Office Building
Montecito Medical Acquires Medical Office Building and Surgery Center in Georgia Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has acquired the Pinnacle Orthopaedics Center, a Class A medical office and surgery center from a leading orthopedic provider in Woodstock, Georgia, approximately 30-miles north of downtown Atlanta and part of […]
News Release: Flagship Healthcare Properties Announces Private REIT
Flagship Healthcare Properties, LLC (“FHP”) is pleased to announce the launch of Flagship Healthcare Trust (“Flagship REIT”), a private Real Estate Investment Trust that owns clinical healthcare assets in the United States. Flagship REIT comes to market with interests in more than 30 healthcare properties and a market value over $250 million. Flagship REIT plans […]
News Release: Confluent Senior Living Completes Sale of Fort Collins Senior Living Community
Kayne Anderson Real Estate acquires MorningStar of Fort Collins Confluent Senior Living, a subsidiary of Denver-based real estate investment and development firm, Confluent Development, is pleased to announce the sale of its MorningStar of Fort Collins senior living community. Previously the owner of the project, Confluent Senior Living co-developed the community with its operating partner […]
News release: Easterly Government Properties announces agreement to acquire 90,085 sf Department of Veterans Affairs outpatient facility in San Jose, CA
~ Easterly’s 3rd VA Acquisition~ WASHINGTON, D.C. –May 8, 2018–Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on theacquisition, development and managementof Class A commercial properties leased to the U.S. Government,announced today that it has agreed to acquirea 90,085-square foot Department of Veterans Affairs (“VA”)San Jose Community-Based Outpatient […]
News Release: IRA Capital adds three Medical Office Buildings totaling 117,000 SF to its Healthcare Portfolio
Katy Medical Arts Fletcher Medical Center Northwest Cardiology MOB IRVINE, CA., May 2, 2018 – Irvine-based IRA Capital has announced the acquisition of three medical office properties totaling 117,000 square feet. One of the buildings is located in the greater Houston market, and two of the buildings are located in the greater Chicago market. Katy […]
News Release: Griffin-American Healthcare REIT IV Acquires Medical Office Building Near Phoenix
SURPRISE, Ariz. (May 2, 2018) – American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired Surprise Medical Office Building, located in the Phoenix suburb of Surprise, Arizona, for $11.7 million. Built in 2012, the approximately 34,000-square-foot Surprise Medical Office Building is […]
News Release: BMO Harris Healthcare Real Estate Finance acts as Sole Lender of $18.98 Million Facility for Rendina Healthcare Real Estate
BMO Harris Bank’s Healthcare Real Estate Finance group announced that it closed an $18.98MM construction loan for the development of a three-story, 61k sq. ft., ambulatory care center in downtown Bristol, CT. The Property is 100% leased to Bristol Hospital Multi-Specialty Group Inc., a subsidiary of Bristol Hospital, Inc. The facility will include a diabetic […]
Transactions: Healthcare Trust Inc., formerly ARC HT II, makes its first 2018 acquisition; AY was the broker
New York-based Healthcare Trust Inc., a non-traded real estate investment trust (REIT), recently made its first acquisition of 2018, acquiring the Texas Children’s Hospital MOB in Houston. The
Transactions: Local firm acquires 128,000 s.f. MOB near Las Vegas; Capital One and Kayne provide financing
Las Vegas-based The Stable Development Cos. recently acquired a 128,000 square foot MOB at 7455 W. Washington Ave. in Summerlin, near Las Vegas. The company plans to make
News Release: Welltower Reports First Quarter 2018 Results
Welltower Inc. (NYSE: WELL) today announced results for the quarter ended March 31, 2018. For the quarter, we generated net income attributable to common stockholders of $1.17 per share and normalized FFO attributable to common stockholders of $0.99 per share. Quarterly Highlights Delivered $137 million of pro rata development projects with an expected stabilized yield of 9.3% Funded $476 million in pro-rata new property acquisitions at […]
Transactions: JV partners Cypress West and Virtus pay $31.8M for MOB in Henderson, Nev.; HFF was the broker
In their first joint venture (JV) acquisition together, Rancho Santa Margarita, Calif.-based Cypress West Partners and Austin, Texas based Virtus Real Estate Capital LLC recently paid $31.8 million for
Transactions: Heitman paid $585M for portfolio
The PHT Portfolio included 17 assets totaling about 1.4 million square feet By John B. Mugford One of the “highest quality, on campus portfolios ever offered” has changed hands, with Chicago-based Heitman LLC purchasing 17 medical office buildings (MOBs) totaling about 1.4 million square feet, according to a Feb. 16 news release from Heitman.
Transactions: Anchor Health Properties acquires MOBs in Las Vegas and Garden City, N.Y
Wilmington, Del.-based Anchor Health Properties kicked off 2018 with a pair of MOB acquisitions. In Las Vegas, Anchor paid $17.1 million, according to RCA, for a fully occupied, 64,435 square foot
Transactions: Caddis acquires three MOBs; Marcus & Millichap brokers $15.1 million sale of one of the assets
Dallas-based Caddis recently acquired one MOB in Georgia and two in Texas totaling more than 120,000 square feet and added them to its first investment fund. Although details on the Texas acquisitions
