News Release: Vitalis acquires 36-Bed PAM Health Rehab Hospital in Denver metro.
The transaction closed May 30, 2024. Vitalis has acquired a 37,000 SF inpatient rehabilitation hospital on a long term lease with PAM Health. The facilitiy is strategically located in the affluent submarket of Westminster and accounts for over 50% of the available IRF beds within a 15-mile radius. The asset was developed in 2015 and […]
News Release: Diversified Healthcare Trust Closes $120 Million Mortgage Loan
May 30, 2024 04:15 PM Eastern Daylight Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced that it closed a $120 million mortgage loan secured by eight properties within DHC’s Medical Office and Life Science Portfolio, located in seven states and consisting of approximately 725,000 square feet. As of March 31, 2024, the weighted […]
News Release: Stockdale Capital Partners acquires five-story, Class-A medical office building in central Austin (Texas)
FOR IMMEDIATE RELEASE Property at 1401 Philomena St., adjacent to Dell Children’s Medical Center, has 129,382 square feet of rentable office space LOS ANGELES – May 28, 2024 – Stockdale Capital Partners (“Stockdale”), a Los Angeles-based, vertically-integrated real estate investment firm, announced it acquired a newly-built medical office building at 1401 Philomena St. in Central […]
Transactions: Remedy/Kayne JV buys 16 N.C. MOBs from Novant
Price not disclosed for the 737,347 s.f. first tranche of a 21-MOB deal By John B. Mugford In the current environment of rising costs and tighter operating spreads for health systems, perhaps growing number of such organizations are ready to start monetizing certain non-core real estate assets to raise capital. For years, healthcare real estate […]
News Release: Montecito acquires two-building medical office portfolio
Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired two medical office buildings in the Milwaukee, Wisconsin, area. The buildings total over 70,000 square feet and are occupied by Children’s Hospital of Wisconsin. They are in the exurban communities of Delafield and Mequon, respectively. “We are thrilled to add these two outstanding […]
News Release: Medical Properties Trust Closes $800 Million 10-Year Loan Secured by U.K. Hospital Portfolio
6.9% Fixed Cash Pay Rate Demonstrates Access to Capital and Enduring Value of Hospital Real Estate May 24, 2024 08:30 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced the completion of approximately £631 million ($800 million) in new non-recourse, non-amortizing secured financing backed by certain […]
News Release: Vitalis Acquires 30,000 SF MOB on 15-Year Leaseback in Jacksonville.
The transaction closed May 23, 2024. Vitalis acquired a 30,165 SF medical outpatient building and surgery center located at 8262 Point Meadows Dr in Jacksonville, FL. Cross Regions developed the build-to-suit for Coastal Health in 2022. The facility includes clinical space for Coastal Health’s Orthopedic, Spine, Pain Management, Podiatry, and Physical Therapy practices in addition […]
News Release: Just Closed. 1401 Philomena at Mueller (Austin, Texas)
Capital Markets | Healthcare & Life Sciences Just Closed Recently Completed, Class A Medical Outpatient Lease-up Opportunity in Austin, TX Transaction Highlights Date Closed: 5/15/24 Size: 129,382 SF Occupancy: 6% 1401 Philomena at Mueller | 1401 Philomena Street | Austin, TX CBRE U.S. Healthcare Capital Markets is pleased to announce the closing of 1401 Philomena […]
News Release: Sila Realty Trust, Inc. Completes Acquisition of Reading Medical Outpatient Building for $10.5 Million
May 22, 2024 09:14 AM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)– Sila Realty Trust, Inc. (the “Company”), a net lease real estate investment trust focused on investing in high quality healthcare properties across the continuum of care, today announced the acquisition of a medical outpatient building located in Reading, Pennsylvania (the “Reading Healthcare Facility”), for […]
News Release: Baystate Health to build new, state-of-the-art community health center with landmark donation and support from MassMutual
Centrally located, comprehensive facility to improve access to quality healthcare for adult and pediatric patients in Greater Springfield region Springfield, Mass. — In an effort to improve health equity and meet the growing needs of the Springfield community, Baystate Health today announced a plan to build a comprehensive community health center in the heart of […]
News Release: Just Financed. Three Multi-Specialty Medical Clinics in Greater Atlanta MSA
Berkadia Medical and Life Sciences JUST FINANCED Multi-Specialty Medical Clinics Metro Atlanta Berkadia Medical & Life Sciences is pleased to announce the construction financing of three (3) new multi-specialty medical clinics located in the Greater Atlanta Metropolitan Area. The purpose-built projects encompass ~13,475 square feet each and are 100% leased to a dominant regional primary […]
News Release: Fairfield Advisors announces sale of Medical Office Building in Columbus, OH
– $22,750,000 Transaction – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the newly developed Medical Office Building in the Columbus, OH suburb of Reynoldsburg. The Medical Building is 61,838 square feet and was completed in Q1 2024. It is located in a […]
News Release: UM Health buys Grand Ledge site for new health care center
Published: May 20, 2024 LANSING, Mich. – University of Michigan Health will acquire an 11-acre site near Grand Ledge for a new health care center, after recent approval by the U-M Board of Regents. University of Michigan Health-Sparrow will operate the new ambulatory care center, which is expected to house both primary and specialty care […]
News Release: BMO Healthcare Real Estate provides $44,800,000 in acquisition financing to Kayne Anderson Real Estate and Remedy Medical Properties for the acquisition of the RUSH Oak Brook Medical Center.
Chicago, May 17, 2024 – BMO’s Healthcare Real Estate group announces that it closed a $44,800,000 acquisition loan for a joint venture led by Kayne Anderson Real Estate and managed by Remedy Medical Properties. The BMO loan provided financing for the acquisition of a 93,386 SF build-to-suit occupied by RUSH University Medical Center. The 2018 […]
News Release: Montecito Medical Acquires Orthopedic Medical Office Portfolio
Nashville, Tenn. — Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a three-building portfolio in Northern Utah. The properties, which encompass a combined total of 48,527 square feet, are anchored by Alpine Orthopaedic Specialists and 100% occupied. The buildings are situated in Logan, North Logan, and Brigham City, Utah, respectively. The […]
