Transactions: In a single day, Caddis buys two MOBs, advises in a sale and refinances a portfolio
DALLAS – Healthcare real estate professionals often say that closing just one transaction involves a grueling mix of stress and tedium that can drag on for days.
Transactions: Griffin American Healthcare REIT IV acquires a pair of identical Athens, Ga., MOBs for $16.8M
ATHENS, Ga. – American Healthcare Investors and Griffin Capital Company LLC, the co-sponsors of Griffin-American Healthcare REIT IV Inc., announced May 24 that the REIT has acquired two identical MOBs totaling 61,203 square feet in Athens.
Transactions: Hammes Partners II acquires medical group portfolio in Massachusetts for $28.5 million
CHICOPEE, Mass. – Brookfield, Wis.-based Hammes Partners II LP, an investment fund affiliated with Hammes Company, in May closed on the acquisition of a three-MOB portfolio anchored by Chicopee-based Riverbend Medical Group, which is part of Springfield, Mass.-based Sisters of Providence Health.
Transactions: JLL brokers $137.6 million sales of six inpatient rehabilitation hospitals in three states
BOSTON – JLL’s Boston-based Capital Markets group recently handled the sales of six inpatient rehabilitation hospitals in Arizona, Pennsylvania and Texas for a total of $137.6 million for the seller, Healthcare Realty Trust (NYSE: HR).
News Release: HFF arranges $28.5 million sale and JV for Torrey Hills Medical Plaza in San Diego
HFF arranges $28.5 million sale and joint venture partnership for the acquisition of Torrey Hills Medical Plaza in San Diego SAN DIEGO, CA – June 21, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged the $28.5 million sale of Torrey Hills Medical Plaza, a 44,091-square-foot, Class A medical office building […]
News Release: Griffin-American Healthcare REIT IV Acquires Medical Office Building Near Atlanta
NEWS PROVIDED BY American Healthcare Investors 15 Jun, 2017, 14:00 ET ATLANTA, June 15, 2017 /PRNewswire/ — 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 Lawrenceville Medical Office Building in the Atlanta suburb of Lawrenceville, Georgia. Built in 2005, the approximately […]
News Release: Healthcare Trust of America Announces 2Q Investment Activity
13 Jun, 2017, 14:53 ET SCOTTSDALE, Ariz., June 13, 2017 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA), announced today that it has successfully executed on the majority of its previously announced 2Q investments; closing on approximately $2.3 billion of properties, raising $2.7 billion of capital, and adding a best-in class development platform. This execution […]
News Release: MedProperties Holdings and Cypress West acquire Riverwalk Medical Plaza in California
The 54,923 square foot facility is in the premium, sought-after Bakersfield market and includes a value-add, vacant 5,500 square foot space that will provide incremental, long-term revenue BAKERSFIELD, Calif., and DALLAS, June 7, 2017 – The newest joint venture acquisition from MedProperties Holdings LLC has it all: immediate cash flow; a value-add space with additional […]
News Release: Cornerstone Companies Inc. MOB Fund II Spends $22.6 Million To Acquire Three Medical Office Buildings
FOR IMMEDIATE RELEASE INDIANAPOLIS, IN (May 30, 2017) – Cornerstone Companies, Inc. recently announced the acquisition of three health care real estate properties totaling 82,000 square feet in Indiana, Kentucky, and Colorado with an aggregate purchase price of $22.6 million. The properties were acquired by Cornerstone MOB Fund II, a private equity fund focused solely […]
News Release: Houston: IPA Brokers $58M Medical Office Portfolio Sale
FOR IMMEDIATE RELEASE Institutional Property Advisors Brokers $58 Million Sale Of Medical Office Portfolio Near Houston HOUSTON, June 6, 2017 – Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, announced the $58 million sale of a portfolio of fully leased medical office properties outside […]
News Release: Cypress West Adds Bakersfield MOB to Healthcare Portfolio
Cypress West Partners Acquires Riverwalk Medical Plaza Rancho Santa Margarita, CA (May 31, 2017) – Cypress West Partners announced that it has acquired Riverwalk Medical Plaza, a 54,923-square-foot campus-adjacent medical office building located at 9450-9500 Stockdale Hwy. in Bakersfield. The Southern California-based healthcare investment, leasing and property management firm acquired the property in a joint […]
Transactions: Government REIT enters VA arena
Easterly REIT to spend $260M on federal outpatient centers in California, Indiana By John B. Mugford With a long-term lease backed by a government agency, a built-in patient base of military veterans and brand new construction, the Dept. of Veterans Affairs (VA) ambulatory care center in Loma Linda, Calif., was sure to attract investors – […]
Transactions: Inland Real Estate Group has acquired four MOBs so far in 2017
OAK BROOK, Ill. – Oak Brook-based Inland Real Estate Group has made four MOB acquisitions with a total of about 119,000 square feet since the start of 2017, according to the company.
Transactions: MOB sales drop a bit in Q1 2017
First quarter’s volume was $1.82 billion, according to Real Capital Analytics By John B. Mugford The incredible run that medical office building (MOB) sales have been on in recent years is due to come to an end, or at least come to a slowdown, at some point, according to conventional wisdom as well as a […]
Hot Property: Rehab facility offers room for growth
Florida asset is leased by a growing provider and has land for future expansion Name: NeuLife Rehabilitation Address: 2725 Robie Ave. City, State: Mount Dora, Fla. Seller: NeuLife Neurological Services LLC Year opened: 2013 Size: 54 suites, 64,224 square feet Lot size: 43 acres Brokerage: Brown Gibbons Lang & Co. Brokers: Christopher Stai, Clinton Parker […]
