Trasactions: Griffin-American REIT IV buys two-MOB portfolio in Connecticut for $15.4 million
Irvine, Calif.-based Griffin-American Healthcare REIT IV on Sept. 29 acquired a portfolio of two MOBs with a total of 80,000 square feet in the cities Stratford and Trumbull, Conn.
Transactions: Q3 MOB sales drop, but still strong
Sales topped $2 billion – less than Q2, but still one of the better quarters ever By John B. Mugford If 2017 goes on to be the biggest year in the history of medical office building (MOB) sales, as it probably will, most of the credit will and should go to the huge second quarter […]
Trasactions: Vukota Capital pays $22.4M for MOBs in Van Nuys, Calif.; CBRE represents seller
A joint venture of Chicago-based Harrison Street Real Estate Capital LLC and Greenwood Village, Colo.-based Vukota Capital Management (VCM) recently acquired the two-building, 102,787 square foot Valley Medical Plaza Portfolio in Van Nuys, northwest of Los Angeles.
Transactions: New REIT, CNL Healthcare Properties II, agrees to acquire first MOB, in Kansas
Making its first purchase as a new non-traded real estate investment trust (REIT), Orlando, Fla.-based CNL Healthcare Properties II entered an agreement to acquire a two-story, 38,496 square foot MOB in Overland Park, outside of Kansas City, Kansas.
Trasactions: MOB in Nevada town trades hands for $15.96M; Fairfield Advisors brokers the sale
A newly opened 57,021 square foot MOB recently traded hands for $15.96 million in Pahrump, about an hour west of Las Vegas.
Transactions: DOC REIT benefits from more ROFRs
Physicians Realty Trust agrees to buy three MOBs through rights of first refusal By John B. Mugford Rights of first refusal (ROFRs) have been good to Milwaukee-based Physicians Realty Trust (NYSE: DOC) in 2017.
Trasactions: Virtus Real Estate acquires MOB in Hialeah, Fla.; hires Aurum to manage facility
Austin, Texas-based Virtus Real Estate LLC, a private equity firm, recently acquired the 68,000 square foot Hialeah Medical Plaza, an MOB attached to the 378-bed Hialeah Hospital, part of Tenet Healthcare Corp. West Palm Beach, Fla.-based Aurum Property Partners LLC marketed the property for the seller, […]
Transactions: Inland Real Estate affiliate purchases two MOBs near Hartford, Conn., for $16M
Oakbrook, Ill.-based Inland Real Estate Acquisitions Inc. recently facilitated the acquisition of two MOBs in New Britain by an affiliate of The Inland Real Estate Group LLC.
Transactions: CBRE Global Investors acquires final two MOBs of 27-building portfolio
GREATER CHICAGO – It looks as if Los Angeles-based CBRE Global Investment Partners (GIP) in September 2017 acquired the final two MOBs that are part of its larger purchase of a 95 percent interest in a 27-building portfolio from a joint venture (JV) of Los Angeles-based Kayne Anderson Real Estate Advisors and Chicago based MB […]
Transactions: Global Medical REIT was the buyer of Oklahoma portfolio for $49.5 million
OKLAHOMA CITY – Even though we previously reported the sale of three facility orthopedic portfolio in Oklahoma City that took place in the first half of 2017, the buyer nor the transaction price were known by HREI™ until recently. According to data from RCA, the buyer of the Oklahoma Center for Orthopaedic & Multi-Specialty Surgery […]
Industry Pulse: 10-asset Rendina MOB portfolio on the market
JLL healthcare team is marketing six-state, 10-property, 489,301 s.f. portfolio JUPITER, Fla. — One of the medical office building (MOB) sector’s long-standing, better-known development firms is putting a portfolio of properties on the market at a time when pricing remains as high as It’s ever been. The Healthcare Capital Markets team from Chicago-based Jones Lang LaSalle (NYSE: JLL) […]
News Release: HFF announces sale of Saddleback Financial Center in Laguna Hills, California
SAN DIEGO, CA – November 20, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Saddleback Financial Center, a four-story, 72,928-square-foot medical office tower in Laguna Hills, California. The HFF team marketed the property on behalf of the seller, True North Management Group, LLC, and procured the buyer, an affiliate of Laurus Corporation. […]
News Release: Urology of Virginia Portfolio Investment Sale
Just Sold: Urology of Virginia Portfolio, Virginia Beach, VA 225 Clearfield Avenue: 42,000 SF , Sales Price $18,352,000 229 Clearfield Avenue, 44,377 SF, Sales Price $20,048,000 TOTAL SF: 86,377 TOTAL Sales Price: $38,400,000 Sale Date: 11/16/2017 Team members involved: Todd Perman, Dana Hamric, Garth Hogan and Richard Gerakitis
News Release: Capital Square 1031 Completes Two DST Offerings of Medical Office Buildings in North Carolina
FOR IMMEDIATE RELEASE Capital Square 1031 Completes Two DST Offerings of Medical Office Buildings in North Carolina RICHMOND, Va. (Nov. 20, 2017) – Capital Square 1031 announced today that its Delaware statutory trust offerings, CS1031 Morganton MOB, DST and CS1031 Louisburg MOB, DST, each comprised of a medical office building occupied by affiliates of Fresenius […]
News Release: Announcing the closing of the Catalyst HRE high-acuity MOB portfolio
HFF advised the owner, Catalyst HRE, in the recapitalization of the six-property portfolio including radiation oncology, surgery and imaging facilities located throughout Florida and North Carolina. HFF arrange acquisition financing. Closed: November 2017 Size: 68,002 square feet. Investment Sales Advisors: Anthony Frogameni, Evan Kovac, Zack Drozda, Ben Appel, Andrew Milne and Matt DiCesare Debt and Structured Finance: […]
