Transactions: Ventas pays $97 million for Indy pair Healthcare Realty Trust sells OrthoIndy specialty hospital and an attached MOB
Healthcare Realty Trust sells OrthoIndy specialty hospital and an attached MOB By John B. Mugford Amid the flurry of medical office building (MOB) sales activity in 2015, one rather large and significant transaction took place in recent months that kind of slipped under the radar. The offering obviously had enough upside to attract the attention […]
Transactions: HTA adds to its Boston bio portfolio
REIT acquires 161,000 s.f. research facility on Boston Medical Center campus By John B. Mugford A lot of good things are happening in Boston’s historic South End, a once downtrodden area that one well-known healthcare real estate professional says is now “exploding” with trendy new shops, restaurants and high-end residences. Helping provide momentum for the […]
Transactions: Carter Validus takes five (MOBs)
Unlisted REIT acquires portfolio of assets in four states for more than $79 million By John B. Mugford With the medical office building (MOB) sales market showing no signs of slowing down in the near future, Carter Validus Mission Critical REIT (CVMC REIT) jumped on the chance to acquire a fully leased, five-building portfolio in […]
Transactions: Carter Validus closes on Kansas rehab hospital and Florida urgent care center
TAMPA, Fla. – Following up on more previously announced deals involving Tampa-based Carter Validus, the private, non-traded REIT announced April 23 that it had closed on the acquisitions of a rehabilitation hospital in Kansas and an urgent care center in Florida.
Transactions: Carter Validus completes 21st Century Oncology Portfolio deal for $117 million
TAMPA, Fla. – Carter Validus Mission Critical (CVMC) REIT Inc. reported May 20 that it has completed the previously announced acquisition of the five-state, 20-property 21st Century (21C) Radiation Oncology real estate portfolio for about $117 million.
Transactions: More Healthcare Real Estate Transactions
Two medical facilities in Raleigh, N.C.’s Brier Creek area recently changed hands, according to the local Triangle Business Journal. Alm Street Medical Office, a two-story, 30,924 square foot facility at 10211 Alm St. was sold for $12.5 million, or $404 PSF, according to the business publication. It was sold to an entity affiliated with Roebling […]
Transactions: Griffin-American acquires medical complex near Philly for $24.8 million
CHESTER COUNTY, Pa. – Griffin-American Healthcare REIT III Inc. has acquired a three-building, 99,059 square foot medical office complex on 9.7 acres adjacent to Main Line Health System’s Paoli Hospital campus for $24.8 million.
Transactions: HFF arranges refinancing for famed One Hundred Oaks mixed-use and medical mall
NASHVILLE, Tenn. – Before the repurposing of retail space for medical use became commonplace, the One Hundred Oaks facility in Nashville was considered one of the first, best and – for many years – only examples of the successful implementation of that strategy.
Transactions: Bye, bye, bio. Hello, more healthcare.
Health Care REIT plans to sell its life sciences holdings and reinvest in HRE By Murray W. Wolf In today’s low interest rate environment, it can be difficult to find moderate-risk investments that will deliver double-digit returns. But Toledo, Ohio-based Health Care REIT Inc. (NYSE: HCN) appears to have done just that with its investment […]
Transactions: Dallas-based partnership acquires 116,875 square foot multi-tenant medical office
DALLAS – A local partnership recently acquired the two-story, 116,875 square foot Northpoint Medical Arts building, a multi-tenant MOB in Dallas for an undisclosed price.
Transactions: MBRE fund makes $131M MOB buy
Chicago-based firm acquires nine-building, 401,428 square foot IBJI Portfolio By Murray W. Wolf Executives of the Chicago-based healthcare real estate (HRE) firm MBRE Healthcare say they are always on the lookout for investment opportunities. But they point out that they have properties in 23 states and it’s not necessarily their strategic priority to add assets […]
Transactions: RREEF affiliate acquires Mass General-anchored MOB for $123.3 million
BOSTON – A 10-story, 193,230 square foot MOB on the campus of Massachusetts General Hospital in Boston has been sold for $123.3 million, or about $638 PSF.
Transactions: Norvin closes $66M deal in New York
NYU to repurpose Long Island City industrial building for ambulatory care facility By John B. Mugford An affiliate of the New York-based real estate private equity firm Norvin Healthcare Properties has acquired a two-story, 45,000 square foot property in one of New York’s hottest neighborhoods in a transaction valued at about $66 million, or $1,467 […]
Transactions: Norvin closes $66M deal in New York
NYU to repurpose Long Island City industrial building for ambulatory care facility By John B. Mugford An affiliate of the New York-based real estate private equity firm Norvin Healthcare Properties has acquired a two-story, 45,000 square foot property in one of New York’s hottest neighborhoods in a transaction valued at about $66 million, or $1,467 […]
Transactions: Record MOB sales continued in Q1
First quarter volume topped $3 billion, 157% more than the same quarter last year By John B. Mugford Rest assured, there will have to be, at some point in time, a hiccup in this record-setting era of medical office building (MOB) sales.
